Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Amends Buy-Back Regulations: Key Changes Include Terminology Update and Enhanced Reporting Requirements for Listed Companies.</h1> The Securities and Exchange Board of India (SEBI) issued amendments to the Buy-Back of Securities Regulations, 1998, effective upon publication in the Official Gazette. Key changes include replacing the term 'specified securities' with 'shares or other specified securities' across various regulations. The amendments clarify the applicability of buy-back regulations to listed companies, ensuring that buy-backs do not result in delisting. Companies must extinguish bought-back securities within specified timelines and provide compliance certificates to SEBI. The amendments also mandate that buy-back information be submitted to stock exchanges daily and published fortnightly. Additional procedural details are outlined for compliance and reporting.