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Securities Contracts (Regulation) (Amendment) Rules, 2021. - G.S.R. 423(E). - SEBI

Extract

..... MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th June, 2021 G.S.R. 423(E).-In exercise of the powers conferred by section 30 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Central Government hereby makes the following rules further to amend the Securities Contracts (Regulation) Rules, 1957, namely:- 1. Short title and Commencement.- (1) These rules may be called the Securities Contracts (Regulation) (Amendment) Rules, 2021. (2) They shal .....

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Securities Contracts (Regulation) (Amendment) Rules, 2021. - G.S.R. 423(E). - SEBI

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..... ten per cent within a period of two years and at least twenty-five per cent. within a period of five years, from the date of listing of the securities, in the manner specified by the Securities and Exchange Board of India;”; (iii) in the third proviso, after the words “applicant company”, the words “referred to in clause (b)” shall be inserted; (2) in rule 19A, in sub-rule (5), - (i) in the proviso, for the word “eighteen”, the word “twelve” .....

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Securities Contracts (Regulation) (Amendment) Rules, 2021. - G.S.R. 423(E). - SEBI

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