TMI BlogSecurities and Exchange Board of India (Listing Obligations And Disclosure Requirements) (Second Amendment) Regulations, 2016X X X X Extracts X X X X X X X X Extracts X X X X ..... igations And Disclosure Requirements) (Second Amendment) Regulations, 2016 No. SEBI/LAD-NRO/GN/2016-17/008.─ In exercise of the powers conferred by section 11, sub section (2) of section 11A and section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992) read with section 31 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the Securities and Exchange ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... inancial year) shall formulate a dividend distribution policy which shall be disclosed in their annual reports and on their websites. (2) The dividend distribution policy shall include the following parameters: (a) the circumstances under which the shareholders of the listed entities may or may not expect dividend; (b) the financial parameters that shall be considered while declaring divi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rts and on their websites. U. K. SINHA, Chairman [ADVT III/4/Exty./162] Footnote: 1. The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 were published in the Gazette of India on 2nd September, 2015 vide No. SEBI/LAD-NRO/GN/2015-16/013. 2. The Securities and Exchange Board of India (Listing Obligations and Disclosure ..... X X X X Extracts X X X X X X X X Extracts X X X X
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