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of <h1>SEBI Sets New Standards for Verifying Market Rumors, Compliance Required for Top Listed Entities by 2024.</h1> The Securities and Exchange Board of India (SEBI) has issued a circular establishing industry standards for verifying market rumors, developed by the Industry Standards Forum (ISF) with representatives from ASSOCHAM, CII, and FICCI. These standards aim to facilitate compliance with Regulation 30(11) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Effective June 1, 2024, the top 100 listed entities must adhere to these standards, with the requirement extending to the top 250 entities by December 1, 2024. Stock exchanges are instructed to ensure compliance among listed entities.
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