SEBI introduces online mechanism for obtaining SCORES credentials for companies seeking to list securities on the stock exchange.

The Securities and Exchange Board of India on 14th October 2021 has decided to introduce an online mechanism for obtaining SCORES credentials for all “companies intending to list their securities on SEBI recognized stock exchanges”. The online form can be accessed on the SCORES website www.scores.gov.in. This has been done as part of SEBI’s green initiative and to streamline the redressal of investor grievances against companies before listing.

The companies are required to attach a declaration along with the online form on the letter head of the company signed by the compliance officer.The companies intending to list on main board need to submit a declaration that the DRHP has been submitted with Sebi.

Further, the companies intending to list on SME/debt platform need to declare that an application to list its securities has been submitted with the stock exchange or in-principal approval has been obtained from the exchange.

The  SCORES credentials shall be sent to the e-mail id of the Compliance Officer/Dealing Officer as provided in the online form.

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