TMI BlogListing of further issue of capitalX X X X Extracts X X X X X X X X Extracts X X X X ..... g of further issue of capital 1. SEBI had, vide its circular no. SMDRP/Policy/Cir-15 /2001 dated March 08, 2001 mandated, inter alia, that a listed company shall be required to obtain 'in-principle' approval for listing from the stock exchanges before issuing further shares or securities. 2. The Government of India vide circular No.F.No.1/9/SE/2003 dated April 23, 2003 has, inter alia, w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 amend the listing agreement by submitting the relevant clause with the following : "The company agrees to obtain 'in-principle' approval for listing from the exchanges having nationwide trading terminals where it is listed, before issuing further shares or securities. Where the company is not listed on any exchange having nationwide trading terminals, it agrees to obtain such 'in-principle' ap ..... X X X X Extracts X X X X X X X X Extracts X X X X
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