DUTIES AND OBLIGATIONS OF THE RECOGNISED STOCK EXCHANGE(S) - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
DUTIES AND OBLIGATIONS OF THE RECOGNISED STOCK EXCHANGE(S) - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Regulation 64B - In-principle approval of the stock exchanges
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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In-principle approval for delisting requires listed entities to apply to exchanges and exchanges to decide within prescribed timelines. In-principle approval for voluntary delisting of non-convertible debt securities and non-convertible redeemable preference shares requires the listed ... Summary
In-principle approval for delisting requires listed entities to apply to exchanges and exchanges to decide within prescribed timelines.
In-principle approval for voluntary delisting of non-convertible debt securities and non-convertible redeemable preference shares requires the listed entity to apply to the relevant stock exchange within a limited period after board or statutory approvals; the exchange must dispose of a complete application within a prescribed timeframe and consider board approvals, investor grievance resolution, payment of listing fees or penalties, compliance with listing regulations, pending litigation or regulatory actions, and any outstanding penalties or restrictions by the regulator before granting in-principle approval.
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