| CIRCULAR |
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| DCS/COMP/Cir/515/2008-09 |
February 24, 2009 |
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| The Company Secretary / Compliance Officer |
| All Listed Companies |
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| Dear Sir, |
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Sub: (i) Amendment to the Listing Agreement - Clause 35 and 41.
(ii)Amendment to Regulation 8 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997)
(iii) Review of Annual Issuers' charges.
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| Securities and Exchange Board of India vide its circular no. SEBI/CFD/DIL/LA/2009/3/2 dated February 03, 2009 has amended clauses 35 and 41 of the Equity Listing Agreement. The amended clauses are given in annexures to this circular and the amendments by way of insertion have been marked in bold and italics. The revision in the formats under clauses 35 and 41 of the Equity Listing Agreement would be applicable with immediate effect. However, the reporting as per the revised formats under Clauses 35 & 41 shall start from the quarter ending March 31, 2009. Further, the report for quarter ending March 2009, June 2009, September 2009 and December 2009 under Clause 41, may not contain details of pledged shares for the corresponding quarter of the previous year. |
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| SEBI has also amended Regulation 8 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 vide SEBI (SAST) (Amendment) Regulations, 2009 on January 28, 2009, by insertion of new Regulation 8A. The said amendment mandates disclosures regarding pledge of shares by the promoter and persons formaing part of the promoter group to the company and by the company to the Stock Exchanges where shares of the company are listed. The formats for aforesaid disclosures are given in Annexures to this circular |
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| Further, SEBI vide its circular No. MRD/DoP/SE/Dep/Cir-2/2009 dated February 10, 2009 has revised the Annual Issuers' charges w.e.f 1st April 2009. A copy of the aforesaid circular is annexed herewith.
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| You are requested to take note of the above and comply accordingly. |
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| Yours faithfully, |
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Gopalkrishnan Iyer
General Manager |
Ravindra Palande
Asst. General Manager |
Encl : -
To facilitate the Companies to submit Corporate Filings, the Exchange has earmarked following Ten Designated Fax Numbers for Corporate Filings. The Companies are advised to submit all Corporate Filings on these Designated Fax Numbers only. Filings on numbers other than the Designated Fax Numbers will not be construed as effective compliance.
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Designated Fax Numbers: +91 22 2272 3121 / 2272 2037 / 2272 2041 / 2272 2061 / 2272 2039
2272 3719 / 2272 1278 / 2272 1557 / 2272 3354 / 2272 3577
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