Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Regulation 58D: Depositories Must Meet Criteria to List Securities, Including Governance Compliance and Board Approval.</h1> Regulation 58D of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, outlines the criteria for a depository to apply for listing its securities on a recognized stock exchange. The depository must comply with ownership and governance regulations, have operated continuously for three years before the application, and obtain Board approval. The Board may impose additional conditions for the securities market's interest, including share transfer restrictions. A depository or its associates cannot list securities on an exchange that is a sponsor or associate of the depository.