Home India Securities and Exchange Board of India In exercise of the powers conferred under section 30 of the ...
Date: 2019-03-29 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred under section 30 of the Securities and Exchange Board of India Act

Issued by Securities and Exchange Board of India · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** This document outlines the Securities and Exchange Board of India (SEBI) Issue of Capital and Disclosure Requirements Amendment Regulations, 2019. These regulations, identified as No. SEBI/LADNRO/GN/2019/05, amend the Securities and Exchange Board of India Issue of Capital and Disclosure Requirements Regulations, 2018. The amendment is issued under the authority of Section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992). Key changes include the omission of the word "scheme" in subregulation 6 of regulation 158 and the insertion of an explanation clarifying the definition of "lenders" for the purpose of the subregulation. The explanation specifies that lenders shall mean all scheduled commercial banks excluding Regional Rural Banks and All India Financial Institutions. Additionally, subregulation 7 has been omitted. The regulations came into force on March 29, 2019, the date of their publication in the Official Gazette. Ajay Tyagi, Chairman, SEBI, is the signatory. The original SEBI Issue of Capital and Disclosure Requirements Regulations, 2018, were published on September 11, 2018, vide No. SEBI/LADNRO/GN/2018/31 and subsequently amended on December 31, 2018, by SEBI Issue of Capital and Disclosure Requirements Amendment Regulations, 2018 No. SEBI/LADNRO/GN/2018/57.

Key Entities Referenced

Securities and Exchange Board of India (SEBI): A regulatory body for securities market in India. Securities and Exchange Board of India Act, 1992: The act of the Indian Parliament that established the Securities and Exchange Board of India (SEBI). Securities and Exchange Board of India Issue of Capital and Disclosure Requirements Regulations, 2018: Regulations pertaining to the issuance of capital and disclosure requirements as mandated by SEBI. Securities and Exchange Board of India Issue of Capital and Disclosure Requirements Amendment Regulations, 2019: Amendments made to the Securities and Exchange Board of India Issue of Capital and Disclosure Requirements Regulations. SEBILADNROGN201905: Notification number assigned to the Securities and Exchange Board of India Issue of Capital and Disclosure Requirements Amendment Regulations, 2019. Mumbai, Maharashtra: The city where the Securities and Exchange Board of India (SEBI) notification was issued. Ajay Tyagi: Chairman of the Securities and Exchange Board of India (SEBI). New Delhi: Location where gazette of india was printed.
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