It has been decided to further streamline the processing of draft schemes filed with the stock exchanges, and make certain amendments to the aforesaid Circular dated March 10, 2017, as provided in the Annexure to this Circular. These amendments are aimed at ensuring that the recognized stock exchanges refer draft schemes to SEBI only upon being fully convinced that the listed entity is in compliance with SEBI Act, Rules, Regulations and circulars issued thereunder. This Circular shall be applicable for all the schemes filed with the stock exchanges after November 17, 2020.


Effective date: Nov. 17, 2020


Source: SEBI Circular dated November 3, 2020









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