October 28, 2011
- SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011: SEBI in continuation of the circular No SEBI/CFD/DCR/SAST/ 1/2011/09/23 dated September 23, 2011 has issued a circular bearing No. CFD/DCR/SAST/2/2011/10/20, dated 20-10-2011,specifying the formats for disclosures under Regulation 29(1) and (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- Amendments to the Equity, IDR and SME Equity Listing Agreements: SEBI has in line with its objective to enhance the quality of disclosures made by listed entities, carried out amendments to the Equity Listing Agreement, Model Listing Agreement for Indian Depository Receipts and Model SME Equity Listing Agreement vide its circular CIR/CFD/DIL/7/2011 dated 5th October, 2011. The amendments cover Clause 41 majorly, including other clauses of the Listing Agreement, and will be effective from quarter ending 31st December, 2011 or Financial Year ending 31.12. 2011.