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Relaxation from the applicability of SEBI Circular dated October 10, 2017 on non-compliance with the Minimum Public Shareholding (MPS) requirements - SEBI - SEBI/HO/CFD/CMD1/CIR/P/2020/81

Extract

..... CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2020/81 May 14, 2020 To All listed entities that have listed their specified securities All Recognized Stock Exchanges All Depositories Madam / Sir, Sub: Relaxation from the applicability of SEBI Circular dated October 10, 2017 on non-compliance with the Minimum Public Shareholding (MPS) requirements 1. SEBI circular No. CFD/CMD/CIR/P/2017/115 dated October 10, 2017 lays down the procedure to be followed by the recognized stock exchanges / depositories with respec .....

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Relaxation from the applicability of SEBI Circular dated October 10, 2017 on non-compliance with the Minimum Public Shareholding (MPS) requirements - SEBI

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..... rce with immediate effect. The Stock Exchanges are advised to bring the provisions of this circular to the notice of all listed entities that have issued specified securities and also disseminate on their websites. 4. The Circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with regulations 97, 98, 101 and 102 of the LODR. 5. This Circular is available at www.sebi.gov.in under the link “Legal →Circulars .....

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Relaxation from the applicability of SEBI Circular dated October 10, 2017 on non-compliance with the Minimum Public Shareholding (MPS) requirements - SEBI

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