Derivative eligibility criteria: Exchanges may list derivatives on shares meeting prescribed criteria regardless of listing date or issue size. Exchanges may introduce derivatives on shares that satisfy the eligibility criteria in the Circular dated July 16, 2004 irrespective of the shares' date of listing or size of the issue; the earlier arrangement linking introduction at listing to a specified net public offer threshold is superseded. The circular is issued under sub section (1) of section 11 of the SEBI Act to protect investors and to promote and regulate the securities market.
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.
Derivative eligibility criteria: Exchanges may list derivatives on shares meeting prescribed criteria regardless of listing date or issue size.
Exchanges may introduce derivatives on shares that satisfy the eligibility criteria in the Circular dated July 16, 2004 irrespective of the shares' date of listing or size of the issue; the earlier arrangement linking introduction at listing to a specified net public offer threshold is superseded. The circular is issued under sub section (1) of section 11 of the SEBI Act to protect investors and to promote and regulate the securities market.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
