Monitoring of Compliance by Stock Exchanges

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..... YCELL / 13 / 2013 dated November 18, 2013 advised stock exchanges to, inter-alia, put in place a system to monitor and review the compliance of listing conditions by listed companies. Clause 5.2 of the Circular dated November 18, 2013 also advised stock exchanges to devise framework to detect any non-compliance / violation of the applicable laws. 2. SEBI vide circular dated April 17, 2014 has a .....

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..... ompanies were formed out of demergers and had 80% common shareholding thereby leaving only 15 minutes each for the common shareholders to attend the AGM of these companies. 5. It is observed that allocation of 15 minutes for conducting AGM of a public listed company having more than one lakh shareholders does not appear to be adequate enough to facilitate a constructive discussion on various ma .....

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..... ange Board of India Act, 1992. 8. Stock Exchanges are advised to ensure compliance with this circular. 9. This circular is available on SEBI website at www.sebi.gov.in under the categories Legal Framework and Issues and Listing . Yours faithfully, Anindya Kumar Das Deputy General Manager +91-22-26449616 [email protected] - Circular - Trade Notice - Publi .....

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