OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS SECURITY RECEIPTS - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS SECURITY RECEIPTS - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Chapter VIA FRAMEWORK FOR VOLUNTARY DELISTING OF NON-CONVERTIBLE DEBT SECURITIES OR NON-CONVERTBLE REDEEMABLE PREFERENCE SHARES AND OBLIGATIONS OF THE LISTED ENTITY ON SUCH DELISTING
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Voluntary delisting of non convertible securities requires prompt holder approvals, specified disclosures, and statutory undertakings by issuers. The listed entity must commence holder approval procedures within three working days of in principle approval and disclose all delisting events as ... Summary
Voluntary delisting of non convertible securities requires prompt holder approvals, specified disclosures, and statutory undertakings by issuers.
The listed entity must commence holder approval procedures within three working days of in principle approval and disclose all delisting events as material information; within two working days it must publish specified information including stock exchanges involved, securities sought to be delisted, cut off date for holders, reasons and timetable, and the prescribed disclaimer on regulatory consequences of delisting.
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