Day: May 15, 2020

SEBI relaxes action on non-compliance of companies with MPS requirements

SEBI relaxes procedure to be followed by recognized stock exchanges / depositories on non-compliance with Minimum Public Shareholding (MPS) requirements Securities and Exchange Board of India CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2020/81 May 14, 2020 ToAll listed entities that have listed their specified securitiesAll Recognized Stock ExchangesAll Depositories Madam / Sir, Sub: …

SEBI relaxes procedural matters related to Takeovers and Buy-back

SEBI Relaxes procedural matters related to Takeovers and Buy-back Securities and Exchange Board of India CIRCULAR SEBI/CIR/CFD/DCR1/CIR/P/2020/83 May 14, 2020 To,All Registered Merchant BankersAll Recognized Stock ExchangesAll listed entities Dear Sir/Madam, Sub: Relaxations relating to procedural matters – Takeovers and Buy-back. 1. In view of the impact of …