Takeover filing fee structure updated: acquirers required to pay tiered fees when filing draft offer with regulator.
The substituted sub regulation requires the acquirer to pay, while filing the draft letter of offer under sub regulation (1) of Regulation 18, a fee by bankers' cheque or demand draft in favour of the Securities and Exchange Board of India payable at Mumbai, according to a tiered schedule of fee bands linked to the offer size, including provisions for larger offer sizes where a base amount plus a percentage applies and a top band for the largest offers.

Filing fees for offer documents amended to scale with amount raised, subject to prescribed minimum and maximum limits.
The amendment replaces the rule on Filing fees for offer documents, making fees a percentage of the amount raised in a new fund offer, subject to specified minimum and maximum monetary limits; and authorizes mutual funds to invest pending scheme funds in short-term deposits of scheduled commercial banks, subject to Board-specified guidelines.

Buy-back filing fees introduced: tiered fee schedule requires merchant bankers to pay regulator-based charges linked to offer size.
Amendment substitutes Schedule IV to require every merchant banker, when submitting a buy-back offer document or public announcement to the regulator, to pay fees according to a tiered schedule based on offer size, comprising fixed fees for lower bands and percentage-based or capped fees for larger bands; the amendment comes into force on publication in the Official Gazette.

Renewal of recognition: exchange renewed for a limited period subject to SEBI approval of a settlement guarantee fund.
Renewal of recognition to Bhubaneswar Stock Exchange Limited is granted under the Securities Contracts (Regulation) Act, 1956 for a one year term, on the basis that it is in the interest of trade and the public. The renewal is expressly conditional: the Exchange shall commence trading only after obtaining final SEBI approval for establishment of the Settlement Guarantee Fund or Trade Guarantee Fund.

Appointment of member under securities law: individual named to appellate tribunal role with tenure until statutory age or further orders.
The Central Government appoints Shri Utpal Bhattacharya, IA & AS (Retired), as Member of the Securities Appellate Tribunal, Mumbai under Section 15L read with Section 15N of the Securities and Exchange Board of India Act, 1992, for a term ending on attainment of the age of sixty two years or until further orders.

Appointment of Tribunal Member: government notifies retired IRS officer as Securities Appellate Tribunal member with prescribed tenure.
Shri Arun Bhargava, IRS (IT) (Retired), is appointed as Member of the Securities Appellate Tribunal, Mumbai under the powers conferred by Section 15L read with Section 15N of the Securities and Exchange Board of India Act, 1992, by a Ministry of Finance notification that prescribes service until the prescribed retirement age or until further orders.

Service of notices: expanded methods include personal delivery, post, courier, electronic transmission, exchange service or website posting.
Regulation 22 is substituted to prescribe that notices may be served by delivering or tendering to the person or authorised agent; by registered post with acknowledgement, speed post, Board approved courier or any transmission method affording a record of delivery including fax and email; by service through the concerned stock exchange for stock brokers; or, if none of these are possible, by affixing the notice on the premises with a written report witnessed by two persons or by posting the notice on the Board's website.

Recognition renewal requires exchange compliance with inspection observations before trading may proceed.
Recognition under section 4 of the Securities Contracts (Regulation) Act, 1956 is renewed for Guwahati Stock Exchange Limited for a one year period on the ground of public and trade interest, subject to conditions; commencement of trading is conditional upon the exchange's compliance with the observations and suggestions in the SEBI inspection report communicated to the exchange.

Renewal of recognition granted to Ludhiana Stock Exchange, extending its authorized operation subject to regulatory conditions.
Grant of renewal of recognition to Ludhiana Stock Exchange Limited under the Securities Contracts (Regulation) Act, 1956, exercised under section 4 after consideration of an application under section 3 and satisfaction that renewal serves trade and public interest; renewal is for a fixed one-year period commencing in late April 2007 and is subject to conditions that may be prescribed or imposed subsequently.

Prohibition of sexual harassment: workplace complaints handled by a women chaired committee with inquiry and support mechanisms.
Regulation 78A prohibits unwelcome sexually determined behaviour at the workplace and defines sexual harassment to include physical contact, requests for sexual favours, sexually coloured remarks, showing pornography and other unwelcome conduct. Complaints are to be handled by a Complaints Committee chaired by a woman, including at least one external member and with at least half its members being women. The Committee may adopt procedures, dismiss frivolous complaints with intimation, or initiate inquiries which are deemed inquiries under regulation 80, with the Committee exercising inquiry officer powers, framing charges, receiving written defences and issuing a formal inquiry report; it may also provide counselling or support.

Supersession of committee extended so Administrator continues exercising committee powers to complete demutualisation and reconstitution.
Extension of the supersession of the Committee of The Calcutta Stock Exchange Association Limited for a further year to complete corrective measures, appointment of a Chief Executive Officer, streamlining of exchange functioning, demutualisation, and election and constitution of a new Committee; Shri T.K. Das shall continue as Administrator exercising all powers and duties of the Committee and may take assistance as necessary under SEBI and Securities Contracts (Regulation) Act powers.

Extension of supersession of governing board; administrator to continue exercising powers pending demutualisation and reforms.
The period of supersession of the Governing Board is extended for a further year to allow completion of demutualisation, appointment of an Executive Director and constitution of a new Governing Board, with the Administrator continuing to exercise and perform all powers and duties of the Governing Board and authorised to take assistance as necessary.

Supersession of Council of Management extended; Administrator to continue overseeing reforms, demutualisation and governance transition.
Extension of supersession of the Council of Management of Bhubaneswar Stock Exchange Limited continues the Administrator's control for a further year to complete corrective reforms, demutualisation, and the election and constitution of a new Council. The Administrator shall exercise all powers and duties of the Council and may take assistance as necessary to implement and follow up on streamlining measures.

Amendment to public shareholding regulations replaces Schedule reference with Section 6 to correct internal cross reference.
The corrigendum replaces the reference to "Schedule 1A" with Section 6 in sub clause (v) of clause (b) of sub regulation (1) of regulation 2 of the Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006, thereby correcting the internal cross reference within the regulatory text.

Dematerialization requirement mandates FIIs settle trades only in dematerialised securities, with a connectivity-based exception.
A Foreign Institutional Investor or a sub-account shall, subject to Board instructions, deliver or cause to be delivered only securities in dematerialised form for settlement of its transactions on a recognised stock exchange, except where the issuer of such securities has not established connectivity with all depositories registered with the Board under the Depositories and Participants Regulations.

Repeal of Central Listing Authority regulations dissolves the Authority and transfers its assets, liabilities and functions to the Board.
The repeal withdraws the Central Listing Authority regulations with immediate effect while preserving prior operation and allowing investigations, proceedings and enforcement to continue as if the regulations had not been repealed; it dissolves the Central Listing Authority, causes officeholders to vacate without compensation, and transfers all monies, property, liabilities and obligations of the Authority to the Board.