TMI BlogConditions of listing for issuers seeking listing on SME Exchange - Model SME Equity Listing AgreementX X X X Extracts X X X X X X X X Extracts X X X X ..... gnition of the need for making finance available to small and medium enterprises, SEBI has decided to encourage promotion of dedicated exchanges and/or dedicated platforms of the exchanges for listing and trading of securities issued by Small and Medium Enterprises ( SME ). Consequently, SEBI amended SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 ( SEBI (ICDR) Regulations ) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... isting requirements in Main Board, which inter-alia include the following: a. Companies listed on the SME exchange may send to their shareholders, a statement containing the salient features of all the documents, as prescribed in sub-clause (iv) of clause (b) of proviso to section 219 of the Companies Act, 1956, instead of sending a full Annual Report; b. Periodical financial results may be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o their bye-laws for the implementation of the above decision; (iii) disseminate the same on their website for easy access to the Issuers and investors; and (iv) communicate to SEBI, the status of the implementation of the provisions of this circular in the Monthly Development Report. 7. This circular is available on SEBI website at www.sebi.gov.in under the categories Legal Framework a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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