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        SEBI

        Clarification on 100% promoter holding in demat form

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        100% promoter demat holding compliance extended; stock exchanges must implement systems, amend rules and report monthly. Extension of the deadline for 100% promoter holding in demat form by one quarter to the quarter ending December 2011; stock exchanges must implement systems and guidelines, amend bye laws and rules immediately, notify member brokers and publish the circular online, and submit monthly reports to SEBI on implementation.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                100% promoter demat holding compliance extended; stock exchanges must implement systems, amend rules and report monthly.

                                Extension of the deadline for 100% promoter holding in demat form by one quarter to the quarter ending December 2011; stock exchanges must implement systems and guidelines, amend bye laws and rules immediately, notify member brokers and publish the circular online, and submit monthly reports to SEBI on implementation.


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