Compliances Related to Disclosures of Trading By Insiders (Chapter III) under SEBI (PIT) Regulations, 2015
Insider trading distorts market fairness by allowing persons with access to unpublished price sensitive information (UPSI) to gain an unfair advantage. To curb such practices and protect investor interests, SEBI introduced the SEBI (Prohibition of Insider Trading) Regulations, 2015.
These regulations prohibit trading in securities while in possession of UPSI. They also regulate the communication, handling, and disclosure of UPSI by listed entities and connected persons.
The framework aims to ensure transparency, market integrity, and confidence in the Indian securities market.
Holding of specified securities and shareholding pattern
Shareholding pattern shows the total number of equity share of the company divided into various owners like promoters, non-promoters, individuals and institutions.
Statement of Deviation or Variation
Listed entity shall submit to stock exchange the following statement(s) on a quarterly basis for public issue, rights issue, etc
Key Compliances under SEBI (Depositories and Participants) Regulations, 2018
The Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 were notified by SEBI on 3 October 2018 under the powers granted by the Securities and Exchange Board of India Act, 1992 and the Depositories Act, 1996. They replaced the earlier 1996 Depositories and Participants Regulations to provide a modernised, comprehensive regulatory framework for depositories and their participants in India’s securities market.
Statement of Grievance Redressal Mechanism
The listed entity shall ensure that adequate steps are taken for expeditious redressal of investor complaint.
Secretarial Audit and Secretarial Compliance Report
Every listed entity and its material unlisted subsidiaries incorporated in India shall undertake secretarial audit and shall annex a secretarial audit report
Disclosure requirement for large entities
A Comprehensive Blog Exploring the Obligations for Large Entities. Stay informed and navigate the complexities of compliance effortlessly.
Compliances for Substantial Acquisition of Shares, Voting Rights or Control (Chapter II) under SEBI (SAST) Regulations, 2011
The SEBI (SAST) Regulations, 2011 were introduced to regulate the acquisition of shares, voting rights, and control in listed companies in India. They aim to ensure transparency and fairness in takeover and acquisition activities. The regulations protect the interests of minority shareholders by mandating open offers on substantial acquisitions. They also provide a clear framework for disclosures and obligations of acquirers and target companies. Overall, the regulations promote orderly development and integrity of the securities market.