https://www.taxtmi.com/circulars?id=58171 Revised framework permits stock exchanges to introduce liquidity enhancement schemes in equity cash and derivatives segments subject to board approval, objectivity, transparency, non discrimination and law compliance. Schemes require quarterly board monitoring, semi annual effectiveness reviews, monthly dissemination of outcomes, and fifteen days' prior disclosure of changes. Exchanges must set eligibility benchmarks, limit scheme duration per security, publish eligible lists, and comply with quantitative ceilings on incentives and share based rewards while maintaining systems to detect collusion, prevent self matched incentives, and mandate conflict disclosure by liquidity providers. en-us Wed, 23 Apr 2014 00:00:00 +0530 Tue, 11 Dec 2018 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58171 Revised framework permits stock exchanges to introduce liquidity enhancement schemes in equity cash and derivatives segments subject to board approval, objectivity, transparency, non discrimination and law compliance. Schemes require quarterly board monitoring, semi annual effectiveness reviews, monthly dissemination of outcomes, and fifteen days' prior disclosure of changes. Exchanges must set eligibility benchmarks, limit scheme duration per security, publish eligible lists, and comply with quantitative ceilings on incentives and share based rewards while maintaining systems to detect collusion, prevent self matched incentives, and mandate conflict disclosure by liquidity providers. Circulars SEBI Wed, 23 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58171