Home Acts & Rules SEBI Regulation Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 Chapters List Schedules Sch SCHEDULE This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
SCHEDULE - II (PART - G) - Monitoring of shareholding limits - Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018Extract PART G Monitoring of shareholding limits [See regulation 19A] (1) In terms of sub-regulation 10 of regulation 19, the stock exchange/clearing corporation shall put in place a monitoring mechanism to ensure compliance with the shareholding conditions specified in these Regulations at all times. Stock exchange/clearing corporation shall:- (a) Check the shareholding data on a periodic basis to ensure that the shareholding restrictions specified under Chapter IV of the these Regulations are complied with at all times. (b) Upon breach of shareholding limits, they shall intimate the same to the Board within 7 days. (c) In case of listed stock exchanges, they would be guided by the Board circular dated January 01, 2016. (d) Disseminate on its website, the number of shares available in the non-public, FII and FDI category. The information shall also be disseminated by the stock exchange on which the shares may be listed.
|