Articles on "SEBI"


Format of uniform Listing Agreement

Date posted: Saturday 17 October 2015
Laws:

SEBI had, on 2nd September, 2015, notified the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) replacing the Listing agreement. Since the SEBI Listing Regulations consolidate and streamline the existing listing agreements for different segments of the capital market into one single document across various types of securities listed on the stock exchanges, the actual Listing Agreement to be signed by the listed entities need not be as detailed and intricate.
The SEBI Listing Regulations, provide for a shortened version of the Listing Agreement which would be required to be signed by a company getting its securities listed on Stock Exchanges. SEBI has, on 13th October, 2015, notified the format of the uniform Listing Agreement by circular No. CIR/CFD/CMD/6/2015.
This week’s article provides you with the applicability of the Listing Agreement, the requirement of existing listed entities to sign this agreement and format of the new Listing Agreement.