25th September 2017
NOTICE
Sub: Outsourcing of activities by Stock Exchanges and Clearing Corporations
To all
Listed Companies
Attention of such aforesaid listed companies are drawn to SEBI Circular
Ref. No. SEBI/HO/MRD/DP/CIR/P/2017/101
dated September 13, 2017 (copy available at CSE
web-site at www.cse-india.com and SEBI web-site at www.sebi.com) wherein
As per point number 2 of the said Circular
It is also observed that the stock exchanges and clearing corporations avail
the services of third party service providers/ outsourced agencies to perform
certain processes, services or activities.
As per point number 3 of the said Circular In this regard stock exchnages
and clearing corporations are advised to formulate and document an outsourcing
policy duly approved by their Board based on the guidelines placed at Annexure
I.
Stock Exchanges and clearing corporations are also
directed to take necessary steps to put in place systems for implementation of
the circular, including necessary amendments to the relevant bye-laws, rules,
etc., if any, within six months from the date of this circular.
This is for information and necessary action.
CS
Chandrani Datta
Executive-Listing