Schedule VI - Fees for ESG Rating Providers - Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999

1 [ SIXTH SCHEDULE [See regulations 28C and 28G] FEES FOR ESG RATING PROVIDERS PART A Amount to be paid as fees Sr. No. Particulars Fees payable 1. Application fee for grant of registration 50,000 2. Registration Fees (a) Category I (b) Category II (a) 10,00,000 (b) 1,00,000 3. Recurring registration fee (For every three years) (a) Category I (b) Category II (a) 5,00,000 (b) 50,000 PART B 1. An ESG rating provider who has been granted a certificate, shall pay fees, as specified under item 2 of Part A, within fifteen days from the date of receipt of intimation from the Board. 2. An ESG rating provider who has been granted a certificate shall, to keep its registration in force, pay fee as specified under item 3 of Part A, every three years from the sixth year of the date of grant of certificate. 3. The fee specified above shall be paid by way of direct credit in the bank account through online payment using SEBI payment gateway. 4. The (recurring) registration fee payable every three years as specified under paragraph 3 of Part A, shall be paid by the ESG rating provider one month prior to the expiry of the period, for which the fee has been paid. ] *************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/136 dated 03-07-2023