Verification of market rumours requirement extended for top listed entities, deferring implementation to later specified dates. The circular extends the effective dates of the proviso to Regulation 30(11) of the LODR Regulations, delaying mandatory verification of market rumours to February 1, 2024 for the top 100 listed entities by market capitalization and to August 1, 2024 for the top 250 listed entities, and notifies that the circular is issued under the regulator's legal powers and is available on its website.
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Provisions expressly mentioned in the judgment/order text.
Verification of market rumours requirement extended for top listed entities, deferring implementation to later specified dates.
The circular extends the effective dates of the proviso to Regulation 30(11) of the LODR Regulations, delaying mandatory verification of market rumours to February 1, 2024 for the top 100 listed entities by market capitalization and to August 1, 2024 for the top 250 listed entities, and notifies that the circular is issued under the regulator's legal powers and is available on its website.
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