The SEBI Listing Regulations provide an abbreviated version of the list agreement (approximately 2 pages) that should be signed by a company that contributes its securities to the stock markets. On 13 October 2015, SEBI adopted the format of the single list agreement by circular No. CIR/CFD/CMD/6/2015. 1. The requirement to implement a listing agreement with the stock exchange is defined by various rules relating to the initial issuance of capital, the terms of which are as follows: the new format of the listing agreement is uniform for all types of non-convertible bonds, non-convertible start-ups, securitized debt securities, investment funds, deposit proceeds in India (IDRs) and certain securities that are stocks and convertible bonds. Introducing the uniform listing agreement format According to the circular, a listed company that has previously entered into a listing agreement with a recognized exchange is required to implement a new listing agreement with that recognized exchange agreement within six months of the date of notification of the rules of the Security and Exchange Board of India (Listing Regulations) 2015 (Listing Regulations). The Securities and Exchange Board of India (SEBI) issued a circular of October 13, 2015 of October 13, 2015 for a uniform listing agreement format containing revised information and regulatory requirements applicable to listed companies, exercising its powers under the 11 (1) and 11A of the Securities and Exchange Board of India Act, 1992. The existing obligation to implement a listing contract with the Stock Exchange is defined under various provisions, the details of which are contained in the tables below. 2. In order to meet the requirements of the regulations covered in Point 1. The specifications are set in Schedule I of a simplified listing agreement that is uniform for all types of listed securities/companies. At its Board meeting on November 19, 2014, SEBI discussed the transformation of existing listing agreements into a single comprehensive regime for different types of listed securities. On September 2, 2015, SEBI notified SEBI (Listing Obligations and Disclosure Requirements) 2015 (“SEBI Listing Regulations”) in lieu of the list agreement (summary of the main highlights of SEBI Listing Regulations, please click on nrsadvisors.com/sebi-listing-obligations-and-disclosure-requirements-regulations-2015/).
Since SEBI Listing Regulations consolidates and tightens existing listing agreements for different segments of the capital market in a single document for different types of IPO of publicly traded securities, the effective listing agreement, which must be signed by listed companies, should not be as detailed and complicated. CLR Note: The Securities and Exchange Board of India has issued a circular. CIR/CFD/CMD/6/2015 from 13 October 2015 to provide listed companies with a uniform rating agreement format. A listing agreement is the agreement that must be executed with the stock exchange where the company`s securities are listed. With the new format of the list agreements, the provisions of the Companies Act 2013 are now aligned with the requirements of the Listing Agreements under SEBI (the above article is concocted/ compiled by Vipin Chaurasia with professional and academic interests in THE DOMAINES SEBI, Listing Agreement, IPOs, IFRS. It can be email@example.com or phone. Please click on the following link for the format of the single list agreement: www.sebi.gov.in/cms/sebi_data/attachdocs/1444737188833.pdf If all measures have been taken or allegedly taken SEBI or seBI scholarships, investigation or indications regarding the existing list agreement are considered to be made or taken under the appropriate list of existing regulations.