SEBI Manual (Set of 3 Vols.) – 43rd Edition 2024

This book is the most updated & amended compendium of the annotated text of the Acts, Rules, Regulations, Circulars, Master Circulars, etc., on SEBI & Securities Laws in India. This book is unique because it includes all Circulars that amend or clarify primary Circulars, providing a complete and coherent picture.

The recent changes (from February 2024 – June 2024) in SEBI & Securities Law include:

• 15+ Amendments in Act/Rules/Regulations
• 20+ Updated/New Master Circulars

This book is helpful for lawyers and legal professionals specializing in securities law, compliance officers in financial institutions, and investors and analysts monitoring regulatory changes. It also benefits academic researchers and students in finance and law, policymakers and regulators in financial markets, and corporate executives and board members overseeing regulatory compliance.

The Present Publication is the 43^rd Edition | July 2024 & amended up to 31^st May 2024. This book is edited by Taxmann’s Editorial Board.

The coverage of this book includes:

• Annotated Text of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended up to date), with the following:
  • Master Circular for Issue of Capital and Disclosure Requirements
  • Guidelines for Returning of Draft Offer Documentation and its Resubmission
  • Self-Regulatory Organizations for Social Impact Assessors in the Context of Social Stock Exchange (SSE)
  • Audio Visual (AV) Presentation of Disclosures made in Public Issue Offer Documents
• Annotated Text of SEBI Act, 1992 (as amended up to date) with SEBI Notifications
• Securities Contracts (Regulations) Act, 1956 (as amended up to date) with Securities Contracts (Regulation) Rules, 1957, with the following:
  • Securities Contracts (Regulation) (Procedure for Holding Inquiry and Imposing Penalties) Rules, 2005
  • Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018
  • Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006
  • Securities Contracts (Regulation) (Appeal to Securities Appellate Tribunal) Rules, 2000
  • Clarifications
• 45+ SEBI Rules/Regulations, 60+ Circulars/Notifications/Press Notes In-force, 20+ Master Circulars, and 3+ Operational Circular
• Annotated Text of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) with the following:
  • Master Circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, by listed entities
  • Master Circular on
    • Scheme of arrangement by Listed Entities and
    • Relaxation under sub-rule (7) of Rule 19 of the Securities Contracts (Regulation) Rules, 1957
  • Relaxation from the requirement to furnish a copy of PAN for transfer of equity shares of Listed Entities executed by non-residents
  • Re-lodgement of transfer requests of shares
  • Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for an Entity with listed Non-Convertible Securities
  • Master Circular for Listing Obligations and Disclosure Requirements for Non-Convertible Securities, Securitized Debt Instruments and/or Commercial Paper
  • Extension of timeline for verification of market rumours by listed entities
  • Limited relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Procedural framework for dealing with unclaimed amounts Lying with entities having listed Non-Convertible securities and Manner of claiming such amounts by Investors
  • Extension of Timeline for Verification of Market Rumours by Listed Entities
  • Framework for Considering Unaffected Price for Transactions upon Confirmation of Market Rumours
  • Industry Standards on Verification of Market Rumours
  • Timelines for Disclosures by Social Enterprises on Social Stock Exchange (‘SSE’) for FY 2023-24
  • Listing Agreement for Indian Depository Receipts (IDRs)