BSE notified regarding the measures in respect of companies with high Promoter as well as non-Promoter ‘Encumbrance’ as per Reg. 28(3) of SEBI (SAST) Regulation 2011

Nov 02, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on October 31, 2024, notified regarding the measures in respect of companies with high Promoter as well as non-promoter ‘Encumbrance’ as per Reg. 28(3) of SEBI (SAST) Regulation 2011.

The following has been stated namely: -

• The securities given in Annexure I, have satisfied the criteria for inclusion under the aforesaid Measure and shall attract a minimum 75 % margin in the Equity and Equity Derivatives segment w.e.f. November 05, 2024, on all open positions as on November 04, 2024, and new positions created from November 05, 2024.

• The Securities given in Annexure II, are eligible to move out from the said framework effective from November 01, 2024.

• A consolidated list of securities under the framework is given in Annexure III.

Detailed notification is attached below.

[Notification no. - 20241031-39]


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