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Capital markets regulator Sebi on Monday came out with a consultation paper on streamlining disclosure requirements by listed entities. In its consultation paper, Sebi is looking to address the challenges faced with regard to submission of the financial result for the first time by newly listed firms and related to timeline to fill up vacancy of directors, Compliance Officer, Chief Executive Officer (CEO) and Chief Financial Officer (CFO) in listed entities. Also, it is looking to address the issue of freezing of demat accounts of the Managing Director, Whole-time director and CEO of a listed entity for continuing non-compliance with the LODR Regulations or non-payment of fines by a listed entity. In order to provide adequate time to newly-listed entities to disclose their first financial results post-listing, Sebi has proposed that at least 15 days from the date of listing may be provided for such disclosures to newly-listed entities. "Listed entity, post listing, shall submit its
The new methods include transfer of shares held by promoters to an ETF run by a Sebi-registered MF, exercising options and allotment of shares under ESOP programmes
Companies had been non-compliant with listing requirements
Seeks the Sebi chair's intervention and probe in specific cases of violations
The estimated 0.7 million additional jobs created by listed companies may easily more than offset the recent layoffs seen in tech companies
The combined net profit of 2,725 listed companies across all sectors was down 6.3 per cent year-on-year (YoY) in Q2 -the first contraction after eight consecutive quarters of YoY growth
Suggests halving disclosure timeline to 12 hours; proposes mandating top 250 listed firms to confirm/deny media reports
The micro, small, and medium enterprises (MSME) ministry has created a portal where these firms can file applications online regarding delayed payments
Given the tightening liquidity conditions and higher cost of borrowings, corporates with a weak credit profile are likely to tap a loan against shares facility to meet their funding requirements
Business Standard analysis is based on the numbers of 47 Nifty companies, excluding Bajaj Finserv, HDFC Life, and SBI Life
Start-ups don't care that mad-money funding comes to a hard stop after an IPO
Operating profit of manufacturing companies decelerated sharply to 7 per cent in the fourth quarter of last fiscal as against 70 per cent in the corresponding quarter of the preceding fiscal
Biyani stake in group companies falls steadily
Huge improvement in share to 4% from just 1.6% in FY20, shows study by ICICI Securities
Special Purpose Acquisition Companies, or SPACs, are listed shell companies created with the sole purpose to acquire unlisted or private companies and then merge with the latter
May be asked for regular financial results
Singapore Exchange's regulatory unit will tighten requirements for listed company auditors and raise standards on valuation reports, introducing a regulatory code of conduct for auditors.
Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis
To boost repo trading in corporate bonds, the board also approved the proposal to facilitate setting up of a limited purpose repo clearing corporation.
Experts said move is expected to improve accountability at proxy advisory firms who have gained clout in influencing how minority shareholders vote on resolutions