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NOTICES |
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Notice No. |
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20240125-46 |
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Notice Date |
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25 Jan 2024 |
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Category |
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Circulars Listed Companies |
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Segment |
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General |
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Subject |
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Extension of timeline for verification of market rumours by listed entities. |
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Attachments |
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SEBI Circular_Verification of market rumours.pdf ; |
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Content |
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Dear Sir\Madam
The Securities and Exchange Board of India (SEBI) has issued circular no. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/7 dated January 25, 2024, regarding extension of timeline for verification of market rumours by listed entities.
Considering the fact that the industry standards are under finalization and certain amendments to LODR Regulations are required for implementation of the aforesaid provision, it has been decided to extend the timeline for effective date of implementation of the proviso to regulation 30(11) of the LODR Regulations for top 100 listed entities by market capitalization, to June 1, 2024, and for top 250 listed entities by market capitalization, to December 1, 2024.
The aforesaid circular is attached for reference.
All Listed companies are requested to take note and comply accordingly.
Ashok kumar Singh
DGM-Listing Compliance
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Shyam Bhagirath
Manager-Listing Compliance
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