TMI BlogFormats for filing reports in terms of regulations 15(i) and 20(j) of SEBI (Buy Back of Securities) Regulations, 1998X X X X Extracts X X X X X X X X Extracts X X X X ..... cing the efficiency in the Buy Back process. The amended regulation 15(i) of Buy Back Regulations requires companies to upload information regarding shares or other specified securities bought back on its website as may be specified by SEBI and submit the same to the respective Stock Exchanges. 2. Regulation 20(j) of Buy Back Regulations mandates Merchant Bankers to file a post offer report with SEBI as may be specified by the Board. 3. The necessary formats to enable the listed companies and the merchant bankers to make disclosures and ensure compliance with the extant regulatory requirements, are specified in Annexure 1 and 2, respectively. 4. This Circular shall come into force with immediate effect. 5. This Circular is being ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f. Cumulative number of shares bought back till the end of the current reporting period *Previous reporting period shall be the day before the reporting date when the company had bought back securities. ** Current reporting period shall be the day on which report is being filed with the Stock Exchanges. Signature: (on behalf of the company) Name: Designation: Seal of the company Place: Date: ANNEXURE - 2 Format in terms of regulation 20(j) of Buy Back Regulations Basic details 1. Name of the company 2. Name of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Amount utilized for Buy Back 13. Whether the amount utilized is less than 50% of the amount earmarked? (Yes/No) 14. If answer to point No. 13 is Yes, whether the Manager to the Offer forfeited the deposit in the escrow account in accordance with the provisions of regulation 15B(8) of Buy Back Regulations. If so, quantum of amount forfeited 15. Whether the forfeited amount has been deposited in Investor Protection and Education Fund of SEBI. If yes, details of the same/ If no, reasons for the same Other details: ..... X X X X Extracts X X X X X X X X Extracts X X X X
|