| 1 |
Compliance wrt capital issued and listed capital |
No
difference between issued and listed capital. (if such a
difference exists then the listing formalities for the said
capital should be completed and listing approval obtained
prior to submission of revocation application). |
| 2 |
Execution
of new Uniform Listing Agreement as per Reg.109(1) of Listing
Regulations, 2015 |
Execution of new Uniform Listing Agreement as per Reg.109(1) of Listing Regulations, 2015 (Format Enclosed as Annexure III).
Listing Agreement to be executed on stamp paper of Rs.100.
A person who is duly authorized by the Board of Directors to sign the Listing Agreement can sign the Listing Agreement(LA).
A certified true copy of the Board Resolution authorizing the said person to sign the LA is required to be submitted along with the Listing Agreement
|
| 3 |
Number
of Quarters for which compliance to be done by companies |
Four consecutive previous quarters
|
| 4 |
Regulations
to be verified for compliance |
Regulations inter alia includes followings:
Regulation 42 -Book Closure / Record Date
Regulation 34 - Annual Report
Regulation 31 - Shareholding Pattern
Regulation 33 - Quarterly Results
Regulation 38 – Minimum Public Holding
Regulation 46(2)(j) – Email address for grievance redressal Regulation 6 - Appointment of Compliance Officer.
Regulation 7 – share Transfer Agent
Regulation 7 (3) – Compliance Certificate certifying maintaining physical & electronic transfer facility
Regulation 13 (3) - Statement of Investor complaints
Regulation 14 – Listing Fees & Other charges
Regulation 40 (9 - Certificate from Practicing Company Secretary
Regulation 27(2) - Corporate Governance/ In case of non-applicability of Regulation 27(2) of LODR, Regulations, 2015, please provide non-applicability certificate as on date on letterhead of the Company
Reconciliation of Share Capital Audit Report
Regulation 46 - Company should have its own functional and accessible website
Appointment of Woman Director
|
| 5 |
Other
points to be verified |
No outstanding exchange dues
No pending Investor Complaints
No complaints pending in SCORES
No SEBI order debarring company or promoters
No difference in issued and listed capital. (if so same has to get listed)
No Adverse comment on the website watchoutinvestors.com
should not be a vanishing company as per data available on the MCA website |
| 6 |
Signing
with the depositories |
Company
should have signed with at least one depository. Provided
that where the company has not signed with either/ both the
depositories, it shall submit a letter from the relevant depository
rejecting admission of the security in the depository |
| 7 |
Payment
of Fees |
Payment of applicable revocation fees of the exchange as
under :
- 1. Annual listing fees
- 2. Revocation Processing fees of Rs. 200000/- plus applicable
GST. (to be submitted along with application seeking in
principle approval for revocation and valid for a period
of one year)
- 3. Re-instatement fees plus applicable GST, payable after
receipt of in principle approval for revocation and prior
to approval for resumption of trading (Please REFER NOTES)
|
| 8 |
Lock-in
of entire promoters shareholding |
The entire promoter holding as per the information provided in the latest Shareholding Pattern submitted by the company, should be under lock-in for a period of 3 months from the date of commencement of trading, post resumption of trading as per SEBI circular dated May 03, 2018 regarding SOP. (Please specify the date up to which the shares have been locked in and submit the necessary certificates from CDSL / NSDL / RTA) |
| 9 |
Information
Memorandum |
Information
Memorandum as provided for abridged prospectus as provided
in Part E of Schedule VI of SEBI (ICDR) Regulations, 2018
to the extent applicable, as certified by the Company Secretary/
MD of the Company to be submitted for dissemination on the
Exchange website at the time of revocation |
| 10 |
Additional
requirement for companies already suspended prior to implementation
of SOP. |
In terms of SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2018/77 dated May 03, 2018, the Exchange shall, 7 days prior to revocation of suspension of trading in shares of the company, issue a notice informing the market participants about the proposed revocation
· After revocation of suspension, the trading of shares shall be permitted only on ‘Trade for Trade’ basis (in "T" group at BSE, “BE” series at NSE) for a period of three months from the date of revocation and after this period of three months, trading in the shares of the company shall be shifted back to the normal trading category (after verification of the criteria of % of public and promoter holding in demat mode), after giving prior notice of 7 days
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| 11 |
Conduct
of Site Visit at the registered office of the company |
The site visit report would be collated to include details
of business activity carried out by the company, resources
(includes employee details), assets available, etc. In case
the company is undergoing restructuring or yet to resume operations,
a Business Plan would be required to be submitted detailing
with timelines the proposed plan for commencement of operations |
| 12 |
Change
in number and holding of Promoters and Promoters Group |
As per provisions of the SEBI general order No. 1 of 2015
dated July 20, 2015, “clause 3(b) there should not
be any transfer of shares by promoter/ promoter group and
directors from the date of the order till three months after
the date of revocation of suspension.”. Companies
seeking revocation of suspension are advised to comply with
above requirement
|