Special Exemptions to Listed Entities – SEBI Regulations, 2015, To promote the listed entitles, SEBI has made some exemptions which are available to the listed entities via SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, which is being notified on 2nd September, 2015. This exemptions would be available to the listed entities with effect from 1st December, 2015. It should be noted this exemptions are not available to all entities but to some entities which fulfilled the conditions which are mentioned in the article. Now check more details regarding “Special Exemptions to Listed Entities – SEBI Regulations, 2015” from below….
Special Exemptions to Listed Entities
Exemptions Available under Chapter 4 of SEBI Regulations:
Under this chapter, there are exemptions available under this chapter which would be available to the some of the entities which would fulfil the following:
- Having Paid up Share Capital of Rs. 10 Crores or less.
- Net Worth of Rs. 25 Crores or less.
- Listed on Stock exchange.
If the regulations become applicable at the later stage of the financial year, than the regulations would be required to be complied within 6 months from the date of regulations become applicable.
|18||Some relaxation in constitution of Audit Committee|
|19||Some relaxation in constitution of Remuneration Committee|
|20||Some relaxation in constitution of Stakeholders Relationship Committee|
|21||Some relaxation in constitution of Risk Management Committee|
|22||Some relaxation in formation of mechanism to report to directors|
|25||No compulsion to hold 1 meeting in a year of independent directors.|
|26||No need to check whether the compliance is properly done or not and in compliance with code of conduct or not|
|27||No requirement to disclose the half-yearly financial performance. No compulsion on submission of quarterly compliance report.|
- Compliance Calender Under SEBI Listing Regulations 2015
- SEBI Overview – History, Powers, Functions & Responsibilities
- SEBI Circular – Formats for Publishing Financial Results
- SEBI Notifies New Listing Norms
- Important factors to be considered while investing in equity