Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) (Third Amendment) Regulations, 2025.
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.... (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, namely, - 1. These regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Third Amendment) Regulations, 2025. 2. They shall come into force on the ninetieth day from the date of their publication in the Official Gazette. 3. In the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, I. in regulation 24, i. in sub-regulation (1), after the words "prior approval of the Board", the symbol "." shall be substituted with the symbol ":"; ii. after sub-regulation (1), the following proviso shall be inserted, namely, - "Provided that the non-independent director on th....
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....to another recognised stock exchange or one recognised clearing corporation to another recognised clearing corporation. Explanation 2: For the purpose of this sub-regulation, where the recognised clearing corporation is a subsidiary of a recognised stock exchange, both the entities shall be treated as a single entity." BABITHA RAYUDUE, Executive Director [ADVT.-III/4/Exty./67/2025-26] Footnote: 1. The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 were published in the Gazette of India on 3rd October 2018 vide No. SEBI/LAD-NRO/GN/2018/41. 2. The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 were subsequently amended on- (a) 4th June, ....