Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    The Circular addresses the mechanism for verifying...     TaxTMI    The circular addresses the taxability of...     TaxTMI    The High Court addressed a case involving a...     TaxTMI    The High Court considered the maintainability of a...     TaxTMI    The High Court reviewed penalties imposed for lack...     TaxTMI    The Director General of Foreign Trade of India has...     TaxTMI    The circular issued by SEBI on June 27, 2024,...     TaxTMI    The Securities and Exchange Board of India (SEBI)...     TaxTMI    A Ministry of Finance notification dated June 26,...     TaxTMI    The Securities and Exchange Board of India (SEBI)...     TaxTMI    A recent notification by the Ministry of Finance...     TaxTMI    The High Court denied the bail application of an...     TaxTMI    The High Court considered an appeal regarding...     TaxTMI    The High Court considered a case involving refund...     TaxTMI    The High Court addressed a challenge to an...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
SEBI - Highlights / Catch Notes

Home Highlights June 2024 Year 2024 This

SEBI introduced a special call auction mechanism for price ...


Introducing a new auction system for fair pricing of listed Investment Companies and Investment Holding Companies.

Circulars     SEBI

June 21, 2024

SEBI introduced a special call auction mechanism for price discovery of listed Investment Companies (ICs) and Investment Holding Companies (IHCs) due to infrequent trading and low prices compared to book value. Eligibility criteria include 1-year listing, 50% assets in listed company scrips, and VWAP less than 50% of book value. Stock exchanges must coordinate special auctions, disclose relevant information, and ensure successful price discovery. The mechanism will operate once a year with risk management measures. The circular is u/s 11(1) of SEBI Act 1992 to protect investor interests and regulate the securities market.

View Source

 

← Previous Next →

 

You may also like:

  1. Monitoring of foreign investment limits in listed Indian companies

  2. Auction - company declared as a sick company - HC has set aside the auction - The purpose of auction (open or close format) is to get the most remunerative price and...

  3. “Vanishing companies” can only be listed companies; so far 161 “vanishing companies” have been traced

  4. Negative list in service tax introduced.

  5. The circular addresses amendments to the Foreign Exchange Management (Overseas Investment) Directions, 2022 regarding investments in overseas funds. It clarifies that...

  6. The circular provides a framework for determining the unaffected price for transactions following confirmation of market rumors, as required by Regulation 30(11) of the...

  7. Disallowance u/s 36(1)(iii) - claim of interest expenditure - The companies GIL and CNIL are subsidiary companies, which clearly indicates that the investment made by...

  8. Loan and investment by company - the restrictions on layers of investment companies deleted - Section 186 of the Companies Act, 2013

  9. Enhancement of transaction value - price list reflects the retail sale price of the items in the domestic market - price lists are merely the quotation of the prices...

  10. Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 - Amendment in various rules.

  11. Addition u/s 56(2)(viia) - shares received by the assessee company on account of amalgamation, for a price lower than the Fair Market Value (F.M.V) of the shares -...

  12. Valuation - interface quantity of adopting assessable value of SKO (non Public Distribution System (PDS) at the prevalent rate - As regards MS and HSD, the duty was paid...

  13. Service provided by a director to Company - reverse charge system is applicable

  14. Recovery of VAT (Tax) dues - Auction of property - Property was owned by the Directory of the company - Though the Company is the legal entity, the Directors of the...

  15. TDS u/s 195 - software expenses - the arrangement of the assessee company with its AE is of purchase of computer software at agreed price i.e. sale price to the Indian...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
H: High Court ruled in favor of petitioner who missed replying to tax not...
H: Competition Commission found Respondent didn't pass on GST benefits, p...
H: Prosecution for tax evasion invalid without confirmed penalty exceedin...
H: HC ruled against the revenue: says ad expenses can be deducted, VRS pa...
H: High Court ruled assessee not at fault for late tax form due to techni...
H: The Tribunal ruled in favor of the assessee on various additions, emph...
H: Property must be leased out for any part of the year to apply tax bene...
H: Case challenged penalty orders u/s. 271D and 271E due to reassessment ...
H: Tribunal cancels penalty on electricity expenses disallowance. Machine...
H: Appellate Tribunal rules capital gains taxed based on developer's acti...
H: ITAT clarifies TDS credit for past period: Income & TDS must align for...
H: The Tribunal ruled in favor of AO on certain expenses but found some a...
H: Tribunal denies deduction u/s 54F for property not used as residence, ...
H: Court ruled Sweet Whey powder not duty-free as "Leavening Agent." Expe...
H: High Court ruled on Rs. 1 crore penalty for not meeting export obligat...
F: RCM ON FEES TO PAID TO LOCAL AUTHORITIES
C: Charges levied by Market Infrastructure Institutions – True to Label
C: Implementation of the Sea Cargo Manifest and Transshipment Regulations...
N: Sea Cargo Manifest and Transhipment (Second Amendment) Regulations, 2024.
A: Is the power exercised to issue N/N. 10/2019 CT valid? - Severe Implic...
A: Search and Seizure of a godown cannot lead to penalty
A: LITIGATION MANAGEMENT IN GST REGIME (PART -8)
A: COMPANIES (LISTING OF EQUITY SHARES IN PERMISSIBLE JURISDICTIONS) RULE...
F: STAY GRANTED BY HIGH COURT ADJUDICATING AUTHORITY RAISED SAME DEMAND
A: A to Z of Taxation of Hindu unidivided Family (HUF)
F: under declaration of tax
F: QUERY ABOUT SECTION 44 AD OF INCOME TAX ACT
F: ITC eligibility on houseboat
A: Intricacies of Subsidies under GST
A: EXTENSION OF CORPORATE INSOLVENCY RESOLUTION PROCESS