Circulars to Listed Companies

 

 
DCS/COMP/17/2015-16                                                                      November 05, 2015
 
 
 
Dear Sir/Madam,
 
Sub:  Format for quarterly holding pattern, disclosure norms for corporate governance report and manner for compliance with two-way fungibility of Indian Depository Receipts (IDRs)
 
Securities and Exchange Board of India (SEBI) has issued Circular CIR/CFD/CMD/9/2015 dated November 04, 2015 regarding the captioned matter.
 
 
 
The Circular prescribes under sub regulation (1) of regulation 69 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), listed entity shall file with the Stock Exchange the Indian Depository Receipt (IDR) holding pattern on a quarterly basis within fifteen days of end of the quarter in the format specified by SEBI.
 
This circular shall come into force with effect from 90 days of notifications of regulations (September 02, 2015) i.e. December 01, 2015.
 
Issuers of IDRs are required to take note of the said circular and comply accordingly.  
 
 
 
 
Netra Sahani                                                                           Abhijit Pai
DGM - Listing Compliance                                                    AGM – Listing Compliance