Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
This circular outlines the procedure for enabling T+2 trading of bonus shares, where T is the record date. Key points: Issuers to apply for in-principle approval within 5 days of board meeting approving bonus issue. Record date (T) and deemed allotment date (T+1) to be intimated. Stock exchanges to issue notification accepting record date and notifying bonus share count. Issuers to submit documents for bonus share credit by 12 PM on T+1. Distinctive number ranges to be uploaded, relevant dates updated before credit. Bonus shares tradable on T+2. Temporary ISIN exempted, direct credit in permanent ISIN permitted. Applicable from October 1, 2024, with penalties for non-compliance. Issued under SEBI Act to protect investor interests and regulate securities market.
This circular outlines the procedure for enabling T+2 trading of bonus shares, where T is the record date. Key points: Issuers to apply for in-principle approval within 5 days of board meeting approving bonus issue. Record date (T) and deemed allotment date (T+1) to be intimated. Stock exchanges to issue notification accepting record date and notifying bonus share count. Issuers to submit documents for bonus share credit by 12 PM on T+1. Distinctive number ranges to be uploaded, relevant dates updated before credit. Bonus shares tradable on T+2. Temporary ISIN exempted, direct credit in permanent ISIN permitted. Applicable from October 1, 2024, with penalties for non-compliance. Issued under SEBI Act to protect investor interests and regulate securities market.
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