Page 2 - Bse Listed Companies

Sebi makes dividend distribution policy must for top 1,000 listed cos

To strengthen corporate governance practices and disclosure requirements, Sebi has notified new rules, including that top 1,000 listed firms will have to formulate a dividend distribution policy. The regulator has also put in place a framework in relation to applicability, constitution and role of the Risk Management Committee (RMC) and eased norms for re-classification of a promoter as a public shareholder, according to a notification dated May 5. In addition, the regulator has asked listed firms to make available audio and video recordings of analyst and investor meets on their websites as well as stock exchanges within 24 hours or before the next trading day and also notified rules regarding Business Responsibility and Sustainability Report (BSSR). Sebi has amended Listing of Obligations and Disclosure Requirements (LODR) rules and the new rules have come into effect from May 5. In a notification, Sebi said the requirement for formulation of dividend distribution policy by the

Tata-Mistry spat: What it means for minority and small shareholders

Experts explain the distinction between the rights of small and minority shareholders in public-listed and private companies

ICAI's Board now has greater role to play, says Nihar N Jambusaria

Sustainability Reporting Standards Board of the Institute of Chartered Accountants (ICAI) will now have a greater role to play with Sebi making it mandatory from 2022-23 for top 1,000 listed companies to prepare business responsibility and sustainability reports, ICAI President Nihar N Jambusaria said on Friday. Speaking at an event, Jambusaria noted that there are various challenges like climate change, poverty, gender inequality and proper awareness on these areas need to be spread. He said that the institute had set up a Sustainability Reporting Standard Board last year which is taking all initiatives to spread awareness. "With Sebi from 2022-23 making BRSR reporting mandatory for firms, the role of this board will become even more important," he said. After conclusion of its board meeting on Thursday, Sebi in a press release said it has decided to have a new format for business responsibility and sustainability reporting, and top 1,000 listed companies will be compulsorily ...

BS 1000: From listed to unlisted companies, here're the key numbers

A snapshot of the key data on Indian companies

Sebi makes dividend distribution policy must for top-1,000 listed cos

To strengthen corporate governance practices and disclosure requirements, Sebi on Thursday decided that top-1,000 listed firms should formulate a dividend distribution policy. "Requirement for formulation of dividend distribution policy by the existing top-500 listed entities has been extended to the top-1,000 listed entities on the basis of market capitalisation," Sebi said in a statement after conclusion of its board meeting. In case of board meetings held for more than one day, Sebi said the financial results should be disclosed by listed entities within 30 minutes of end of the board meeting for the day on which such results are considered. The regulator also cleared a proposal in relation to applicability, constitution and role of the risk management committee (RMC). Sebi said requirement to seek stock exchange approval for change of name of a listed entity has been dispensed with. Also, the requirement to publish newspaper advertisements for the notice to board meetings wher

Sebi proposes stricter rules on independent directors of listed firms

MUMBAI (Reuters) - India's market regulator proposed on Monday tighter eligibility and appointment rules for independent directors of listed companies, a move seen aimed at protecting minority investors.

Nine of 10 stocks in BSE 500 universe gained during Budget-fuelled rally

Of the 441 stocks that gained, only 147 outperformed the BSE 500 index, which has risen 8.6 per cent in the past five trading sessions

Red-hot rally: BSE firms' market capitalisation crosses Rs 200 trillion

India's market cap-to-GDP ratio is now over 100%

Turnaround time

Early trends in corporate earnings hold out hope

India's m-cap to GDP ratio crosses 100% for first time in over a decade

BSE-listed companies' market capitalisation reached Rs 197.7 trillion on Thursday, against India's nominal GDP of Rs 190 trillion during 12 months ended December 2020

M-cap share of PSUs at record low of 9.7% despite a strong rally in market

Continue to cede ground to family enterprises, private sector firms

Behind the recovery

Policymakers should not lose sight of economic distortions

Open offers by listed companies decline 39% to Rs 9,000 cr in Apr-Oct

According to Sebi's latest monthly report, a total of 30 open offers for shares worth Rs 8,973 crore were made by the companies during the April-October this financial year (2020-21)

Best of BS Opinion: US-India defence cooperation, employment rate & more

Here's a selection of Business Standard opinion pieces for the day

Lockdown hurt, but resilience of jobs in listed companies is remarkable

The 8.5 per cent nominal increase in the wage bill of listed companies was the combined outcome of an increase in employment and a simultaneous increase in the nominal wage rate

Sebi eases delisting for listed subsidiaries, grants exemption from RBB

Move will help simplify restructuring process for large groups

Aarti Drugs to Tata Comm: Earnings rise for 15 firms in Covid-19 economy

These companies reported an increase in revenue and/or profit before tax for the March quarter

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

Sebi relaxes pricing norms for preferential issues of listed companies

The new pricing formula for allotment of shares under the preferential issue will be higher of the average 12-week price or 2-week price.

Quint gets listed via little-known trading firm promoted by Raghav Bahl

In a related-party transaction, Raghav Bahl transfers digital content business from an unlisted firm to a listed one