Circulars to Listed Companies

 

 
DCS/COMP/12/2015-16                                                                      October 13, 2015
 
 
 
Dear Sir/Madam,
 
Sub:  Format of uniform Listing Agreement
 
Securities and Exchange Board of India (SEBI) has issued Circular CIR/CFD/CMD/06/2015 dated October 13, 2015 regarding the captioned matter.
 
 
The circular inter-alia specifies a simplified listing agreement which is uniform across all types of securities/listed entities. Company specific details are required to be submitted alongwith the listing agreement in the required format. Further, companies would be required to submit any changes in the company specific details as and when they occur.
 
It may be noted that:
 
1.                   An entity seeking listing is required to execute a listing agreement with the Stock Exchange with respect to initial issuance of capital under different regulations.
 
2.                   A listed entity which has previously entered into agreement(s) with the Stock Exchange to list its securities shall execute a fresh listing agreement with the Stock Exchange within six months of the date of notification of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) i.e. September 2, 2015.
 
Listed Companies are required to take note of the same and comply accordingly.  
 
 
 
 
Netra Sahani                                                                           Abhijit Pai
DGM - Listing Compliance                                                    AGM – Listing Compliance