Page 3 - Depositories Act News Today

In a recent development, the Securities and Exchange Board of India (SEBI) has announced a notable modification in the Cyber Security and Cyber Resilience framework for Stock Exchanges, Clearing...

In a significant development, the Securities and Exchange Board of India (SEBI) has introduced an amendment to the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018,...

Letter of Offer Dated: August 04, 2023 For Eligible Equity Shareholders only PERFECT INFRAENGINEERS LIMITED ...

On 3rd August, the securities appellate tribunal (SAT) issued an interesting order which, finally, nails down what thousands of investors have suspected and complained about—that the market regulator deals with complaints to its grievance redress system like a post-office. It merely forwards cases to the regulated entity against which there is a complaint. If the entity is concerned enough to resolve it, the investor is lucky.

THE COMPANIES ACT, 1956 COMPANY LIMITED BY SHARES ARTICLES OF ASSOCIATION # OF CIE AUTOMOTIVE...

According to the draft papers, NSDLs proposed IPO is a complete offer-for-sale of more than 5.72 crore equity shares by existing shareholders

Capital markets regulator SEBI has put the proposed initial share sale of securities depository NSDL in abeyance. NSDL filed its preliminary papers with SEBI on July 7. The proposed IPO is a complete offer-for-sale of more than 5.72 crore equity shares by existing shareholders. Shares of the company are proposed to be listed on BSE. As of financial year 2023, NSDL's revenue was Rs 1,099.81 crore and its net profit was Rs 234.81 crore.

Capital markets regulator Sebi has kept in abeyance the proposed initial share sale of securities depository NSDL. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The National Securities Depository Ltd (NSDL) filed its preliminary papers with the capital markets regulator on July 7.

As a first step, Indian companies can list on the foreign exchanges at the International Financial Services Centre in Ahmedabad, Gujarat

India Business News: MUMBAI: Indian companies - listed and unlisted - can now directly list on the International Financial Services Centre (IFSC) in Gujarat's GIFT City, f.