Dear Sir\Ma’am,
This is with reference to the SEBI circular SEBI/HO/CFD/CMD/CIR/P/2020/12 dated January 22, 2020, and Exchange circular 20220331-52 dated March 31, 2022, wherein SEBI has directed the Exchanges that they may deviate from the actions prescribed in SOP Circulars, if found necessary, only after recording reasons in writing. In this regard, the Exchanges have jointly formulated the carve out policy for granting waiver of fines. (Carve policy is attached as Annexure A for reference)
Companies intending to apply for waiver application shall do so by logging into Listing Centre. The path for the same is as follow:
Listing Centre > Listing Operations > Listing Module > Issue Type > Waiver > Sub process > Waiver
With effect from January 01, 2024, only those applications made through the Waiver Application Module of Listing Centre would be considered as valid waiver application.
All listed companies are requested to take note of the same and ensure compliance.
In case of any clarification, you may contact the following:
bse.soplodr@bseindia.com
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Shyam Bhagirath
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Rohan Kallan
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Manager-Listing Compliance
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Assistant Manager-Listing Compliance
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