In the interests of investors and the securities market, SEBI has directed the Stock Exchanges to levy fines and take action in case of non-compliance with continuous disclosure requirements by issuers of listed Non-Convertible Securities and/ or Commercial Paper. SEBI has also prescribed the fines to be levied in case of any non-compliances in an annexure to the circular. The provisions will be effective in respect of due dates of compliance falling on or after February 01, 2022.In the interests of investors and the securities market, SEBI has directed the Stock Exchanges to levy fines and take action in case of non-compliance with continuous disclosure requirements by issuers of listed Non-Convertible Securities and/ or Commercial Paper. SEBI has also prescribed the fines to be levied in case of any non-compliances in an annexure to the circular. The provisions will be effective in respect of due dates of compliance falling on or after February 01, 2022.taxmann.com Latest Statutory HappeningsRead More
