The Securities and Exchange Board of India (SEBI) issued a circular of October 13, 2015 of October 13, 2015 for a uniform listing agreement format containing revised information and regulatory requirements applicable to listed companies, exercising its powers under the 11 (1) and 11A of the Securities and Exchange Board of India Act, 1992. The existing obligation to implement a listing contract with the Stock Exchange is defined under various provisions, the details of which are contained in the tables below. Please click on the following link for the single rating agreement format: www.sebi.gov.in/cms/sebi_data/attachdocs/1444737188833.pdf 1. The requirement to execute a listing contract with the Stock Exchange, is defined under various provisions relating to the first issue of capital, the details of which are as follows: With the new format of the listing agreements, the provisions of the Competition Act are now aligned with the requirements of list agreements under SEBI (the above article is managed by Vipin Chaurasia with professional and academic interests in SEBI, Listing Agreement, IPOs, IFRS. It can be addressed on the firstname.lastname@example.org or on the phone. Introduction of the single list agreement format as the SEBI Listing Regulations consolidate and tighten existing listing agreements for different segments of the capital market in a single document on different types of listed securities, there is no need to complicate and detail the true list agreement signed by listed companies. The SEBI Listing Regulations provide an abbreviated version of the list agreement (approximately 2 pages) that should be signed by a company that contributes its securities to the stock markets. On 13 October 2015, SEBI adopted the format of the single list agreement by circular No. CIR/CFD/CMD/6/2015. At its Board meeting on 19 November 2014, SEBI discussed the transformation of existing listing agreements into a single global regime for different types of listed securities. On September 2, 2015, SEBI notified SEBI (Listing Obligations and Disclosure Requirements) 2015 (“SEBI Listing Regulations”) in lieu of the list agreement (summary of the main highlights of SEBI Listing Regulations, please click on nrsadvisors.com/sebi-listing-obligations-and-disclosure-requirements-regulations-2015/). Where action has been taken or has allegedly been taken by SEBI or scholarships, studies or studies or evidence of the existence of listing agreements are deemed to have been conducted or carried out in accordance with the corresponding determination of the applicable rating rules.
5. This circular is available on SEBI`s website in sebi.gov.in under the categories “Legal Environment” and “Problems and Rating,” “Mutual Funds,” “Corporate Debt Market” “Continuous Disclosure Requirements.” 2. In order to make the requirements of the regulations in point 1 above effective, Schedule I establishes a simplified listing agreement that is uniform for all types of listed securities/companies. According to the circular, a listed company that has previously entered into a listing agreement with a recognized exchange is required to implement a new listing agreement with that recognized exchange within six months of the date of notification of the listing rules of the Stock Exchanges and Stock Exchange of India (Listing Obligation and Disclosure Requirements), 2015 (Listing Regulations).