SEBI offers Relaxations for Listed Entities undergoing Insolvency Resolution Process

SEBI has brought about a series of exemptions to the listed entities undergoing Corporate Insolvency Resolution Process (CIRP) of Insolvency and Bankruptcy Code, 2016 (IBC). We shall see them in detail below: Relaxation under SAST Regulations – No ceiling on acquisition limit SEBI has issued Securities and Exchange Board of India (Substantial Acquisition of Shares … Continue reading SEBI offers Relaxations for Listed Entities undergoing Insolvency Resolution Process

SEBI Board Meeting Resolutions

SEBI’s Board met on December 28, 2017 and took various decisions involving, inter alia, the following: Amendments to the SEBI (Credit Rating Agencies) Regulations, 1999 and SEBI (Listing Obligations and Disclosure Requirements), 2015 Additional methods for listed entities to achieve minimum public shareholding (MPS) requirements: The Board has decided to introduce two additional methods-Qualified Institutions … Continue reading SEBI Board Meeting Resolutions