Transfer/transmission of shareholding among immediate relatives ...

Shareholding Transfer Permitted Among Relatives for Unlisted Intermediaries; SEBI Nod Needed for Partnership Firms' Control Change.

December 28, 2024

Circulars SEBI

Transfer/transmission of shareholding among immediate relatives or by way of transmission shall not result in change in control for unlisted body corporate intermediaries like investment advisers, research analysts and KYC registration agencies. Prior SEBI approval needed for change in control in case of proprietary firms and partnership firms with new partners inducted. Incoming entities/shareholders to satisfy fit and proper criteria.

View Source

← Previous Next →

Transfer/transmission of shareholding among immediate relatives ...

Shareholding Transfer Permitted Among Relatives for Unlisted Intermediaries; SEBI Nod Needed for Partnership Firms' Control Change.

December 28, 2024

Circulars SEBI

You may also like:

Cyber Security Operations Center for the SEBI registered intermediaries

The Securities and Exchange Board of India (SEBI) issued a circular providing relaxation from the International Securities Identification Number (ISIN) restriction limit...

The circular addresses the uploading of KYC information by KYC Registration Agencies (KRAs) to the Central KYC Records Registry (CKYCRR). Intermediaries u/s 12 of the...

Regulating provisions for unlisted shares - Whether the shares of a public company which is an unlisted company on being transferred would attract the provisions of SCR...

Exemption u/s. 54EA - transfer of shares held as stock-in-trade - transfer of unlisted shares of DSPML is to be taxed under the head “capital gains” irrespective...

SEBI has amended the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 through notification F. No. SEBI/LAD-NRO/GN/2025/238...

This circular from SEBI provides revised guidelines for quarterly reporting requirements for Foreign Venture Capital Investors (FVCIs). Key points are: FVCIs must submit...

Addition u/s 56 - allotment of shares cannot be equated with receipt of shares - receipt of share there should be shares in existence and a person holding such share...

SEBI has amended the Master Circular for Infrastructure Investment Trusts (InvITs) with two key modifications. First, the lock-in provisions for preferential issue of...

The Master Circular for Custodians consolidates SEBI's circulars for custodians, effective from the date of issue. Custodians must comply with SEBI's requirements for...

The Master Circular for Alternative Investment Funds (AIFs) issued by SEBI consolidates regulatory requirements for AIFs. It supersedes previous circulars and...

SEBI has introduced the Securities and Exchange Board of India (Intermediaries) (Second Amendment) Regulations, 2025, effective upon publication in the Official Gazette....

SEBI issued a circular to intermediaries, stock exchanges, and industry associations regarding the review of validation of KYC records by KRAs under the Risk Management...

Exemption form GST on the business transfer undertaken - transfer of a going concern - transfer of a going concern means transfer of a running business which is capable...

This circular outlines the framework for monitoring shareholding norms of Market Infrastructure Institutions (MIIs) like stock exchanges, clearing corporations, and...

Quick Updates: