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TMI BlogSEBI Checklist for Name Change of the Listed Entity under SEBI (LODR), 2015X X X X Extracts X X X X X X X X Extracts X X X X ..... SEBI Checklist for Name Change of the Listed Entity under SEBI (LODR), 2015 - By: - CSLalit Rajput - Corporate Laws / IBC / SEBI - Dated:- 20-4-2020 - - Regulation 45 of SEBI (LODR) Regulations, 2015: Change in name of the listed entity. Conditions to be Followed: a time period of at least one year has elapsed from the last name change; at least fifty percen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t. of the total revenue in the preceding one year period has been accounted for by the new activity suggested by the new name; or the amount invested in the new activity/project is atleast fifty percent. of the assets of the listed entity: In case listed entity has changed its activities: if any listed entity has changed its activities which are not reflected in its name ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , it shall change its name in line with its activities within a period of six months from the change of activities in compliance of provisions as applicable to change of name prescribed under Companies Act, 2013 . Post satisfaction of above conditions , the listed entity shall file an application for name availability with ROC (Registrar). Note: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The listed entity shall seek approval from Stock Exchange by submitting a certificate from chartered accountant stating compliance with above conditions. Checklists: Documents Required to be Submitted to the Exchange: I. In -principle for Name Change : Sr. No. List of Documents/ details to be submitted ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 Application for Change in Name to the Stock Exchange. 2 Certified true copy of the resolution passed at the Board Meeting for Change of name of the Company 3 Date of last name change of the Company, if applicable 4 Reason for Name Change ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 Confirmation from Company Secretary of the Company that: a. A time period of at least one year has elapsed from the last name change. b. at least 50% of the company's total revenue in the preceding 1year period has been accounted from the new activity suggested by the new name; OR c. the amount invested in the new ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... activity/project (Fixed Assets+ Advances+ Work In Progress) is at least 50% of the assets of the company. The Advances shall include only those extended to contractors and suppliers towards execution of project, specific to new activity as reflected in the new name. 6 Confirmation from the Practicing Chartered Accountants / Statutory Audi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tors of the Company that: a. A time period of at least one year has elapsed from the last name change. b. at least 50% of the company's total revenue in the preceding 1year period has been accounted from the new activity suggested by the new name. OR c. the amount invested in the new activity/project (Fixed Assets+ Advances+Work In Progress) is at least 50% of the asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts of the company. The Advances shall include only those extended to contractors and suppliers towards execution of project, specific to new activity as reflected in the new name. 7 Confirmation regarding Name availability from ROC 8 Request for symbol change from the existing one to a new symbol, if any, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... decided by the Company. The new symbol should not exceed 10 characters. 9 Applicable Fees + Applicable Tax II. Final Approval for Name Change : Sl. No. List of Documents/ details to be submitted 1 Confirmation regarding Name change from ROC ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 Certified true copy of the notice convening the AGM/EGM of shareholders where the name change is proposed. 3 Certified true copy of the resolution passed at the AGM/EGM for Change in name of the Company 4 Fresh Certificate of Incorporation consequent on Chan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ge of Name. 5 Certified true copy of the Amended Memorandum and Articles of Association of the Company consequent on Change of Name of the Company 6 The procedure by which the name change has been effected in the share certificates i.e. any of the following: Issue of new share certificat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es Affixation of stickers on the existing share certificates - With Samples of the same Rubber- stamping on the existing share certificates 7 . A Confirmation that the old share certificates are also good for delivery. - - Scholarly articles for knowledge sharing authors experts professionals Tax Management India - taxmanagement ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... india - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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