STATE TIMES NEWS
NEW DELHI: With a view to consolidate and streamline the provisions of listing agreements for different segments of the capital market and to align the provisions relating to listed entities with the Companies Act 2013, the Securities and Exchange Board of India (SEBI) notified the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on 2nd September, 2015, after following the consultation process. The Listing Regulations came into effect on 1st December 2015. These regulations have been structured to provide ease of reference by consolidating into one single document across various types of securities listed on the stock exchanges.
In this regard, ICSI organised a programme on SEBI (Listing Obligations and Disclosure Requirements) 2015 here at Tagore Hall, SCOPE Complex on Friday.
The programme was inaugurated by Dr. Madhukar Gupta, Additional Secretary Department of Public Enterprises. Dr. U.D. Choubey, DG, SCOPE was also present on the occasion.
Dr. Gupta in his address categorically emphasised that Company Secretaries should shoulder the responsibility to demystify and simplify the Listing Regulations for better understanding of various stakeholders. At the highest level, they are very mindful and cautious about diversification of the board members. CS (Dr.) Shyam Agrawal, Vice President, ICSI; CS Vineet K Chaudhary, Council Member and CS Makarand M Lele, Council Member, ICSI & Chairman, Financial Services Committee also spoke on the occasion. Saqib Mehdi, Manger, Finance and Accounts, SCOPE proposed the vote of thanks.
Prasanta Mahapatra, General Manager, SEBI, Dr. V.R Narasimhan, Chief- Regulations, NSE, Sachin Agarwal, Practising Company Secretary, Agarwal S and Associates, Delhi, A.K Rastogi, Executive Director, NTPC, Inderpal Singh, Company Secretary, BHEL also addressed the august gathering.
