TMI BlogSecurities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2021X X X X Extracts X X X X X X X X Extracts X X X X ..... closure Requirements) Regulations, 2018 , namely: - 1. These regulations may be called the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2021. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, - I. In regulation 112 , the existing clause (b) along with the proviso shall be substituted with the following, namely, - (b) where the equity shares of the issuer are frequently traded on a stock exchange for a period of at least three years immediately preceding the reference date, and: (i) the issuer has redress ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... so after clause (c), shall be omitted. III. In regulation 167 , after the existing sub-regulation (4), the following new proviso shall be inserted, namely, - Provided that the lock-in provision shall not be applicable to the specified securities to the extent to achieve 10% public shareholding. AJAY TYAGI, CHAIRMAN [ADVT.-III/4/Exty./443/2020-21] Footnotes: 1. The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 was published in the Gazette of India on September 11, 2018, vide notification No. SEBI/LAD-NRO/GN/2018/31. 2. The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 was subsequently amended on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... quirements) (Seventh Amendment) Regulations, 2019, vide notification No. SEBI/LADNRO/ GN/2020/01. (i) April 17, 2020 by the Securities and Exchange Board of India (Regulatory Sandbox) (Amendment) Regulations, 2020 vide notification No. SEBI/LAD-NRO/GN/2020/10. (j) May 08, 2020 by the Securities and Exchange Board of India (Payment of Fees) (Amendment) Regulations, 2020, vide notification No. SEBI/LAD-NRO/GN/2020/11. (k) June 16, 2020 by the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2020, vide notification No. SEBI/LAD-NRO/GN/2020/17. (l) June 22, 2020 by the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Second Amendment) ..... X X X X Extracts X X X X X X X X Extracts X X X X
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