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TMI BlogAmendments to the Equity Listing AgreementX X X X Extracts X X X X X X X X Extracts X X X X ..... ding in the said securities. (b) Disclosure of shareholding pattern of listed entities pursuant to material changes in the capital structure With a view to ensure public dissemination of the shareholding pattern pursuant to capital restructuring in listed entities, it has been decided that in all cases wherein the change in capital structure due to such restructuring exceeds +/- 2% of the paid up share capital of the entities, the listed entities shall file a revised shareholding pattern with the stock exchanges within 10 days from the date of allotment of shares pursuant to such change in the capital structure, as per the format specified in clause 35 of the LA alongwith a footnote on what necessitated the filing of the revised shareholding pattern. The stock exchanges shall upload the same on their websites immediately. (c) Disclosure in respect of Depository Receipts In the case of listed entities which have issued Depository Receipts (DRs) overseas, in order to ensure a holistic and true picture of the promoter/promoter group holding in such entities, it has been decided that details of share ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to Clause 20 22- Corporate Announcement In order to enable investors to manage their cash/securities flows efficiently and to enhance process transparency, it has been decided to mandate companies to have a pre-announced fixed pay date for payment of dividends and for credit of bonus shares. (V) Amendment to Clause 21 - Notice Period Consequent to amendment in clause 20 22, as above, it has been decided to amend the Clause 21 by removing references to dividend payments. (VI) Insertion of Clause 53 - Disclosures regarding agreements with the media companies In order to ensure public dissemination of details of agreements entered into by corporates with media companies, it has been decided that the listed entities shall disclose details of such agreements on their websites and also notify the stock exchange of the same for public dissemination. (VII) Insertion of Clause 54 Maintenance of a website In order to ensure/enhance public dissemination of all basic information about the listed entity, it has been decided to mandate that the listed entities maintain a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e credited to such Unclaimed Suspense Account. (d) The voting rights on such shares shall remain frozen till the rightful owner claims the shares. (e) The Unclaimed Suspense Account shall be held by the issuer company purely on behalf of the allottees who are entitled for the shares and the shares held in such suspense account shall not be transferred in any manner whatsoever except for the purpose of allotting the shares to the allottee as and when he/she approaches the issuer company. (f) The issuer company shall maintain details of shareholding of each individual allottee whose shares are credited to such Unclaimed Suspense Account. (g) As and when an allottee approaches the issuer company, the issuer company shall, after proper verification, either credit the shares lying in the Unclaimed Suspense Account to the demat account of the allottee to the extent of the allottee s entitlement, or deliver the physical certificates after re-materialising the same, depending on what has been opted for by the allottee. (h) The issuer company shall also disclose the following details in its Annual Report till the t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r. c. Within 10 days of any capital restructuring of the company resulting in a change exceeding +/-2% of the total paid-up share capital (ii) In table (I)(a), the introductory sub-table detailing the name of the company, scrip code etc., shall be substituted with the following:- Name of the Company: Scrip Code, Name of the scrip, class of security: Quarter ended: Partly paid-up shares:- No. of partly paid-up shares As a % of total no. of partly paid-up shares As a % of total no. of shares of the company Held by promoter/promoter group Held by public Total Outstanding convertible securities:- No. of outstanding securities As a % of total no. of outstanding convertible securities As a % of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (2) Public (iv) Table (II) (b) may be substituted with the following, viz.,:- Statement showing holding of Depository Receipts (DRs), where underlying shares held by promoter/promoter group are in excess of 1% of the total number of shares Sr. No. Name of the DR Holder Type of outstanding DR (ADRs, GDRs, SDRs, etc.) No. of shares underlying outstanding DRs Shares underlying outstanding DRs as a percentage of total number of shares {i.e., Grand Total (A)+(B)+(C) indicated in Statement at para (I)(a) above} 1. 2. TOTAL 8. Clause 40A shall be substitute ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... res regarding the shareholding (if any) of such media companies/associates in the issuer company. b. Any other disclosures related to such agreements, viz., details of nominee of the media companies on the Board of the issuer company, any management control or potential conflict of interest arising out of such agreements, etc. c. Disclosures regarding any other back to back treaties/contracts/agreements/MoUs or similar instruments entered into by the issuer company with media companies and/or their associates for the purpose of advertising, publicity, etc. 54. The issuer company agrees to maintain a functional website containing basic information about the company e.g. details of its business, financial information, shareholding pattern, compliance with corporate governance, contact information of the designated officials of the company who are responsible for assisting and handling investor grievances, details of agreements entered into with the media companies and/or their associates, etc. The issuer company also agrees to ensure that the contents of the said website are updated at any given point of time. - Cir ..... X X X X Extracts X X X X X X X X Extracts X X X X
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