Newsletter - MMJC - Page 13

To enable investors to make well-informed investment decisions, timely, adequate, and accurate disclosure of information on an ongoing basis is of utmost importance. Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as “LODR Regulations” or “LODR”), requires listed entities to disclose material events or information to the stock exchanges. The

Background: Generally speaking, verification of reported events or information which may have material effect on the listed entity is essential to avoid establishment of a false market sentiment or impact on the securities of the entity. In recent years, a growing influence on market sentiments is being noticed of not just print media, but also

Background: Regulation 30(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 [‘LODR Regulations’] requires listed entities to disclose material information to stock exchanges. Regulation 30(4) states the criteria that listed entities should see to determine what would be considered as material information /event. Earlier barring certain events / information

Many times, we come across agreements or contracts that do not provide for confidentiality clauses. Does this mean that the Parties to the agreement are not bound to protect the secrecy of the agreement? The principle of breach of confidence can rescue the aggrieved party in such untoward situations. This write-up expounds on this principle

Introduction Stock exchanges play a crucial role in ensuring the fair and efficient functioning of capital markets. One important aspect of their responsibility is reviewing and approving schemes of arrangement proposed by companies. These schemes, often designed to facilitate corporate restructuring, mergers, acquisitions, and other significant changes in a company’s corporate structure. In addition to

Listing Obligations and Disclosure Requirements (LODR), 2015: Enhancing Transparency and Disclosure in Corporate Affairs A. Introduction: On June 14, 2023, the markets regulator notified the SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023 (“LODR”). These amendments are in tandem with the consultation papers that were formerly released by SEBI. The objective of these

Annual Secretarial Compliance Report for FY 2022-23 now to be filed in XBRL Format Regulation 24A(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 provides that a listed entity shall submit an annual secretarial compliance report within 60 days from the end of financial year. SEBI vide circular

1. Introduction: There are multiple ways of raising funds: One amongst those is Private Placement. Whenever a company acquires finance from a specified group of persons against issuance of securities of the company, this corporate action is called private placement. The conditions and compliances relating to the private placement are discussed in section 42 of

The Triumphant Rise of ESG Compliances: Pioneering a Sustainable Future Introduction In a world plagued by unprecedented environmental challenges and social inequalities, a powerful movement has emerged, reshaping the landscape of business and finance. Enter the era of Environmental, Social, and Governance (ESG) compliances – a holistic approach that transcends mere profit-seeking and heralds a