https://www.taxtmi.com/notifications?id=128441 The Scheme mandates conversion of MSEA into Magadh Stock Exchange Limited, separating ownership from trading rights, prescribing equity subscription and allotment, limiting representation of Members and Trading Members on the Governing Board, capping voting rights of trading member shareholders, requiring a public majority shareholding, providing for transfer of clearing functions to a recognised clearing corporation, restricting use of pre existing assets and reserves to specified liabilities and exchange business, and imposing continuing compliance and reporting obligations with SEBI oversight. en-us Thu, 15 Sep 2005 00:00:00 +0530 Tue, 19 Feb 2019 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=128441 The Scheme mandates conversion of MSEA into Magadh Stock Exchange Limited, separating ownership from trading rights, prescribing equity subscription and allotment, limiting representation of Members and Trading Members on the Governing Board, capping voting rights of trading member shareholders, requiring a public majority shareholding, providing for transfer of clearing functions to a recognised clearing corporation, restricting use of pre existing assets and reserves to specified liabilities and exchange business, and imposing continuing compliance and reporting obligations with SEBI oversight. Notifications SEBI Thu, 15 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128441