PR No.:76/2009
Formats for Disclosure of pledged shares
SEBI has issued a circular to stock exchanges informing them about the formats for making the disclosures under Regulation 8A of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. SEBI has also issued another circular about the amendments to be made in formats under Clause 35 and Clause 41 of the listing agreement for reporting of “pledged shares” by listed companies to stock exchanges.
The above formats have been prescribed pursuant to amendment to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 vide gazette notification dated January 28, 2009 inserting a new Regulation 8A under Chapter II (pertaining to disclosures of shareholding and control in a listed company).
The circulars and the formats are available on the SEBI website at www.sebi.gov.in
Mumbai
February 3, 2009