TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Regulations 2018: Key Disclosure Requirements for Company Buy-Back Proposals Including Board Approval, Financials, and Solvency</h1> The Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, outlines the necessary contents of an explanatory statement for a company's buy-back proposal. It requires details such as the date of board approval, the necessity for buy-back, financial specifics like the maximum amount and price, and the method of buy-back. It also mandates disclosure of the shareholding and transactions of promoters and directors, intentions regarding tendering shares, and confirmations of no existing financial defaults. Additionally, it requires a report from auditors on the company's financial state and confirmation of solvency, along with any necessary lender approvals.
TaxTMI 
