SEBI vide circular SEBI/HO/MRD/DSA/CIR/P/2016/110 dated October 10, 2016 has provided the following
- Permit Exclusively Listed Companies (ELCs) to raise capital to meet listing criteria of Nationwide stock Exchanges
- Course of action to be followed by ELCs to give exit options to its public shareholders since these companies have not taken adequate steps to get listed on nationwide stock Exchanges and continue to be placed on Dissemination Board.
One of the requirements to be followed is promoters of ELCs in consultation with the designated stock exchanges to appoint "Independent Valuers" from panel of expert valuers of the designated stock Exchanges. Since, BSE would be the designated stock exchange for companies which are placed on its Dissemination Board it is necessary for BSE empanel valuers as directed by SEBI.
BSE vide notice 20161104-11 dated 04 Nov 2016 invited SEBI Registered Category I Merchant Bankers to file application with BSE. Pursuant to the said notice, BSE has been receiving applications from SEBI Registered Category I Merchant Bankers desirous of being appointed as Independent Valuers from panel of expert valuers at BSE.
The attached file contains names of applicants who have applied to BSE to act as Independent valuers as stated in SEBI circular SEBI/HO/MRD/DSA/CIR/P/2016/110 dated October 10, 2016 and BSE notice 20161104-11 dated 04 Nov 2016.
With receipt of application, by BSE, the list will be updated on regular basis.
To get updated List of Independent Valuers at BSE click here
For further details, you may contact the following at BSE.
Mr. Atul Dhotre - Manager – Listing
Mail id : email@example.com / firstname.lastname@example.org
Tel. No.: +91-22-22728934