SEBI Updates: 29.01.2016
SEBI has issued next set of FAQ's on SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Through this set of FAQ, an attempt has been made to clarify the points including:
- preservation of documents,
- existing material related party contracts or arrangements,
- unlisted material subsidiary,
- Annual Report to contain Business Responsibility Report,
- transfer of securities,
- listed entity shall file audited annual results in 60 days from the end of the last quarter and
- Working days' means working days of the stock exchange where the securities of the entity are listed.
It has also be clarified that the requirement of submission of Annual Information Memorandum will become applicable as and when is specified by SEBI.
