The Bombay Stock Exchange (BSE) on January 01, 2024, issued a notification regarding the Procedure to apply for a waiver of fines levied through the Listing Centre
The following has been stated namely: -
• This has a reference to his is with reference to the SEBI circular SEBI/HO/CFD/CMD/CIR/P/2020/12 dated January 22, 2020, and Exchange circular 20220331-52 dated March 31, 2022, wherein SEBI has directed the Exchanges that they may deviate from the actions prescribed in SOP Circulars,
• It states that the Exchanges have formulated the carve-out policy for granting a waiver of fines, The Carve policy has been attached as Annexure A for reference
• It states that the Companies intending to apply for waiver application shall do so by logging into the Listing Centre.
• The path for the same is as follows namely: -
Listing Centre > Listing Operations > Listing Module > Issue Type > Waiver > Sub process > Waiver
It further states that with effect from January 01, 2024, only those applications made through the Waiver Application Module of the Listing Centre would be considered valid waiver applications.
[Notice No. 20240101-18]
