18th September 2013
Sub: Forms for filing reports in terms of regulations 15(i) and 20(j) of SEBI (Buy Back of Securities) Regulations, 1998
Kindly note that SEBI vide the above-mentioned circular have directed the Stock Exchanges to bring the provisions of this aforesaid circular to the notice of all the companies whose securities are listed on the stock exchange and also to disseminate the same on the web site. The salient features of the revised requirements, include the following:
“The amended regulation 15(i) of Buy Back Regulations requires companies to upload information regarding shares or other specified securities bought back on its website as may be specified by SEBI and submit the same to the respective Stock Exchanges.”
“Regulation 20(j) of Buy Back Regulations mandates Merchant Bankers to file a post-offer report with SEBI as may be specified by the Board.”
All the listed companies are requested to take note of the amendment as proposed by SEBI and implement the same with immediate effect.
For THE CALCUTTA STOCK EXCHANGE LTD.