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 Disclosure Rules: New Insolvency Reporting Requirements for Net Worth, Assets, and Shareholding Patterns.</h1> The Securities and Exchange Board of India (SEBI) issued the 2021 amendment to its Listing Obligations and Disclosure Requirements Regulations, 2015. Effective upon publication in the Official Gazette, the amendment modifies Schedule III, Part A, Clause 16, detailing requirements for companies undergoing insolvency resolution. Key changes include disclosure of pre- and post-net worth, asset details, shareholding patterns, and impacts on investors. It also mandates quarterly updates on achieving minimum public shareholding (MPS) and any delisting plans. The amendment aims to enhance transparency and accountability in corporate disclosures during insolvency proceedings.