Knowledge Hub - MMJC

Original Provision Prior to December 12, 2024 Amendment: Before the amendment dated December 12, 2024, Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 mandated that listed entities must send a hard copy of the statement containing the salient features of all documents as prescribed in Section 136 of the Companies Act,

Introduction: The Ministry of Corporate Affairs (MCA) in its constant efforts to facilitate ease of doing business, has announced the migration of last set of e-forms to MCA V3 portal from V2 portal. The Ministry has already migrated majority of important forms like DPT-3 (return of deposits), PAS-3 (return of allotment), charge forms etc. to

Introduction The SEBI Circular SEBI/HO/ISD/ISD-POD-2/P/CIR/2025/55 dated April 21, 2025, significantly extends the automated trading window closure mechanism to include “Immediate Relatives” of Designated Persons (DPs) in listed companies, especially concerning the declaration of financial results. This is a crucial development in strengthening insider trading regulations in India. Here are some frequently asked questions (FAQs) that

The Securities and Exchange Board of India (SEBI) continues to strengthen investor protection in the Indian securities market. SEBI circulars issued on May 07, 2024 (Master Circular for RTAs ) and May 14, 2025 (Investor Charter for RTAs ) highlight SEBI’s ongoing commitment to enhancing transparency, efficiency, and grievance redressal mechanisms for investors dealing with

Introduction This newsletter summarizes informal guidance from SEBI regarding the interpretation of “material pecuniary relationship” under Regulation 16(1)(b)(iv) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations). The guidance was provided in response to a query from InfoBeans Technologies Limited concerning an independent director’s consultancy arrangement with a US-based subsidiary Background of

Introduction: This newsletter summarizes key points from a recent informal guidance letter issued by the Securities and Exchange Board of India (SEBI) regarding the interpretation of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations. The guidance was provided in response to a request from Century Plyboards (India) Limited, a company whose equity shares

Background Securities and Exchange Board of India (Prohibition of Insider Trading), regulations, 2015 [‘PIT’] vide its amendment notification dt: March 12, 2025, amended the definition of ‘Unpublished Price Sensitive Information’ as per reg. 2(1)(n) of PIT [‘UPSI’]. Post this amendment events that are ordinarily considered as UPSI have increased from five events to sixteen events.

The Securities and Exchange Board of India (SEBI) has issued a consultation paper on April 30, 2025, proposing a major amendment to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations).Making it mandatory for a wider group of pre-IPO shareholders to convert their physical shares into electronic (demat) form before the company