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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Regulation 42: Listed Companies Must Notify Stock Exchanges of Record Dates for Corporate Actions and Dividends</h1> Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 mandates that a listed entity must notify stock exchanges of the record date for events such as dividend declarations, issuance of rights or bonus shares, and corporate actions like mergers or splits. Notification must be given at least three working days in advance, or seven days for corporate actions through schemes of arrangement. Additionally, there must be a minimum gap of five working days between two record dates. Recent amendments have adjusted notification timelines and requirements for these disclosures.
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