MODULE 4- SERI REGULATIONS
sEBr (IsSue of capital and Disclosuke Requement)
Requla ton,2018.
seBI CDK) Rgulatn, 2018
- Sigmtisne:
Ceial fo mechant banting in Ineli
goven haw conyaniu haie eapital (hom the publie
with Seetinu 23-6 ot the compauis Act, 2013 -
-alony
aleng the teue ang
t - publie Lsuea, Right
vasinu othes mede ot
enusu - inneton phateation
masket thinpay
standardizd disclose newd.
-Bauhgieund i ese kegulated by the contlo les oot
issue
PAe - 1442- Pubie Miniathy ¢ Pinanse.
(ccr) - wdey the
apital Iue tätu and seplaced
war gaucted
wau tatutoy
SEB
post - 1942 - sEer
the cCI
inthedueed Disclaue and I e t
SE BI
simuknekg Pssteeton Gudeline
duolosue
slittel from: contio
sezime
wespiciny f seusitis u tome
- led to
the
Post - 2000 - Inoductin af Book Buildi n¡ methed ora
the StBr (ICDR)
weLe
matwe disclose based
Guideline
2004 - DIP
.a
4.4
Regalatiom-iniflant
fhamewoh.
- Sbutuse :
divided into uttiple ehapte
" Some key chapb inelude-- plminay (befthwtion o
comwou conditio
and Righti Iuea
- PublieIuee
-Rigkt1 Isuu
Ottes doeument discoye
Intey m e d i i e s
-pAajesitial Alstment
ualified Dtitutiend Poent
-Jnstitationa piaes pagamia
(IPP)
Bou ILue
Indian Depouty Reypt (DR)
- Riquti Issue in TDR.,
S ME I sBue
IME Srnatitutioua! Thadiny Paijen
-Misellanesu phovisio
TImporant Teme:
" Iritial pusie cfteing (TPO) - t sale d ahasl - by a n unlite
eompuy to the putolic ypid
Aain capial
eable coupanies tots haie
shales
tomponen TFoh Isue- newshasw ae Isued thu
Lofer fas sale (oF)- existiy shanesldeu sell e
shauu to the publi - alleny
hen to monctize heis holeg
ligted on a stock erhanga
allous To haue additional eapital flom the conp
tewponeuti
caplal thaekelu sel thi
sham to the publie
and igito
Iue- iwowedeai na tion a pubte
conpamt
iwued, umttneouy - meehadsm allaot
shanchadeu and n
Saise Caputa faom lboth enistiny
Imeen eonnently heis ehsehsldee
chareholds an
bale s hile also
plesestale wonesbip.
ofpetnity e maitein thel
(aiB)-who
Imeitos - Qualified Inti tatonal Byeu
. Anehes 10 shae in pudlic
Imett a wminum
the publio
ise betoe iswe oben to
paton plevideaaid
teis pastifsto paticiimetoi in
and
tonyidenee to othe
ple diucoesy alloeate to
caube
baiia
tnehes Bmetnenti - dis actionay
- lock -in peisd qo 30 daye fom
date of
altment
Iwete- l: inelividual innet) ( Atu inve+tey
Rtal Indii dual Jn the
(REE) imet thuis pesenl funda
nd makut conoitien
ompaed to intitutin
Swwelle iweste! ape
Imetmenti, mey have
liqui
heep addfos
- wally dity and deth to thu maket
iguidily
en ong im goall
· Buabfred Insttinal Beyes -Inditutional iwesteu
(QrB) mtusl kund, banta
funde
naueial Aeroucee bime
apital matketi
by thei lanq capital ,uia
lay scale sueusitier oteing
sdne
ty Iwet aubtaitial
laige seale teinge
cotibkte tb masket liquiity and
and scutiny than indirdal innetoy
sinee thay oi dued frauilly
saphiti catad.
LIC, HDC Muiual Fund.
CNIT) Iwet n tnaneiel maheti
naitutienl iner
- not coi deled
uma than
typialy imet
Atad etes, no as
hane acceu lo jmestment
dpoiunit not avaiable to
publae.
- p l o c e n e
Book
Imetos btd for da at vaiouu ices
within a speelfted þlie band.
of
ftnal phice- diter nined on the bauia leela
levelt.
e
devand qnenated at dfceat
'Applicaten Supeted by Bloted teunnt (KeA)
pautment meehauism
bloked in
-oyplicatm wonay wnil ehares ale
appicante bank
bant aeent
lated
-esu that
7und ae debited ny pomn
Suecenhul alletment
llninatu need toe efunde.
- of on the
continuet eang df inhet
- aid!
-Intumediaie
mtemediay egisteied wth Stt
.Mschant Banke- ftnaneial
adhuene to
navayaime plouo?, unaui
- uatey equitment1
ceheutve ehectu on ieeuen'e
canolueti
leyal studiny and
and buiness
all diucloues n
sratn ase aceate and conmpleta
otes docu ment the istuer
point centtaet btien
-päimany bodies addhenea queic
and
cowmplane wtth stBI
und enses
intumediaies
wthothee
to
cassdinatu
apuaten ploceu, altmeut aud
manage
by ayeing psehan any nubie
enwwa that iwes haie intended cani
eyaluate iweu' bsine ud framial to
Na asociated with wndewitiy the jseue.
- evte Into an Agleswment to ubacube to th
udukibd postiom 4 7he imie phoridiny
to the isuues
-asyiut in stubi bliing the post utyphe d
Seusitie, 4 neeesat
Regitlas and Thanites gunt (RTA- Eel segited eute
Meorde iweres and handiy
adinitratie aupeati 4te
ue
Aleeive and phoces mestu
ata ethy aud validdi
- waintan delaled c o
imeste halding and lnidas
gueies and gueranees satd
he isse.
Banhags to the Issue- bant abpoited to handle tuwe cuved
the cubuiyen peuot
to he ieA's ceount pot - callstment
- Wet elouly wth gTA ad meehent
bankes to eoneile
-faeilitatt tmath
men unelel ICDR!
Roc
. prospectuu - Hral oeng deeument pot seer and
aploval submiion
·Dagt ped ReMing phospeilu-(pRM)-pelwinay
tilud wtth sEBI.
pont sea comnen
Red Heting plospects (RH)- updated wwon pout sear
- teu multile iuwer wittet Hung pouetus
.Bhet plospeutu
tine
all above-mestiened
sfes deement- enusie tum eoveing all
iswe
Adrestisemnt te maskitiy
tike aIp.
dseument- tes puate ppacemante
*plocement
cuwentt au Hled wth T Regat
f omapanies
pest eonplianee tmal stock Erchang
1456
Sueuitiu coiaet (Regulihon) tet,
to be litd) and the
litiny geument - bet"
-teck eachonge
Iwested nto sCRA us 21.
-likting ag Mument
wee cok
- Setin 2-
Not Aequited Such peuon shall mly
wth that stock erchange
th condition fon the Exam
ud seuiti taniactuns, it
- wacted to heyulat Imwestes interests and
prote
manay mashet
wdiiable anuactiens us seiti by
punmas gaal- pevent
covthact in seuwitte
istuy ot seuiti
SEBI (Subs tantd tequiuton hasea and Takeoe)
2011
Regulatein
Lted cupamits
pletut mineuty hascholdn
-
Nguale aequse'r pua
takeovess
- detes hostile
fetas tuut aud good gorenana in
- utseed ay sEBJ to
capital maket!
Regulilon
-
Shuetune f the
-2)
3-y
.sulwtautial tequisitim,votirg kigh,contre (Reg
(2 - 23)
6igatimu 4 pastiu iey 4 - 2)
.Disleuses (Rey 28-3)
.Relanation poue ¢ kEBI
314
"Misellaneo -(Reg. 32-35)
key Tem:
thase, vetiy nigh
Concut)- taote weting with acquisig
"PAC(PRum htiy in
aloug with the tequie
appoit wajeiy ¢ dinetu o contsd mavayind
Contad - sght to
4 peliey deeisi one lat 2 mati
n in
Frequudty kadd she
shane - Thaded >l0!. ¢ tstal
teuduiny peried sela
-jdutified bate - ot weking day eou
tuds ha
dusing wheh shaehsldu may
Tundehing poiad - timpulic annneeuent ; nd with
. offea peiod - begin wlth conid a t i m
. ywAP/ VWANMP - lme weigltud teage ple (vwAMP - 0da
. Mar pemisi ble non ene)
- K e yp l o r i i s h s
.ugalation s(1) - Aquiution >251.
Aequies t PACI eAnnst cquine >25 voti
silcts withmt wating an oen
mandatuy patie announce ment
er
qhadual qiiton qdansin a
time, uoiieh caud pelatialey 2
in conte.
weh
57. but <75). -in
- 4 acquihet holdi
Tiggeu
Rath.
sellu 27,buyt 3/ > t. acquied got
Eg 31. held ’ buy 41,
frh alotmentt f share
"ptu minatin d . Acqiutian - Sreluduir
ditune in pe/pot
allotment chahsn
enidued.
- tpen offe process IEPF- Iwerte
in
m
teu sie-26). Educatio and
prsteton fund.
VWAMP f Go dauyt
Melehant Bankee
valuatin by
"modea of paunnt- canh, shasu, NCD (invenimnt
Gfer ’ pudic anneuwemmen bfoe
pAon- Mechan Bankes managu the
SEBI
tompletion
withdad Hang Letu f otteu with +
Loiduation)
tnte and Inoliiet Acqistion
·Lndiseet 5) sAST leguatia
- 00uA ohun au acquier qaind cantw,
M a
shares -
that hold a stake n he tagt
if thue u cn ntent to cdeit
diu eleed un the sfen otte.
wilkd deyaats aud mie endu - bauel.
Initial avd cantiuab dilasue by ocqiing sin thvedl
. 5. + hode mwt dielae
abhanee by ploote-to be dueled.
share all neeenay Ingamaton withseBI puliu
dislaue
bomplanee, luisnem, tunding,
-Pusen Aeting
defined unat 2(9(4)
.ineludeui- holdinguidiasy tomaniu, diheetou aud nanag.
immediat ulatie te fund eittid.
mechaut bankeu, imestoliertment adviso, ck.
omwe
- SAST Negulatan
mineity patuutin
Lfai takeel pctia
- SEB*' wegu stungthens invetn cmtidue in titad maret
ceI (P4olultun a Insid Taading) Regulati ond, 2008
ingmotet faitnes
pieteting inest inleusti
Regulalion
-Suetue g the
seueral ehaplua and Schedues
. taptew inelde- phelininany
Reatictioni on communication and Tadig y
Inides
Inides
- Additienal befinitinu and Disclesprocesses
conduet
Code ot Pais Discleeand
,- Misellanee
and
- Schedule A-E - Aelailiy paineiglu
cades o
Standard ku ais diseloue and
Cnduet.
- Kuy Coneepu :
ayone who u a conmetd pesn a
Dejinitiomd - Inide-
UPSI
pson - indiidua/eutitiu with a selatiaip
- oneeted acces to
tlu compan that psavideu
UPSI ey diuetu, empleyee
cowutat
DPST -intomatim not unally avaiable tat ceutd
malevially aeet the pie of seeuitieu,
ineling inaneial nent, MA and ahaug mMP.
P%olubi tion ou Imides Thadig - insideA aue paliabitid fom tiading
UPSI
putewance
egimale muoNA ,
lagal delig atini.
Thading pland - inuieleM Nay komate hading a
utu tadis- mu be agpoved by
he
erchamges.
unoles te pon
Disdloahes - Initial dlsclowea pAomoteu, dineetou nd km
eis kolding at the ti me a 4e
dii clase tthen
beeemig an inuideu
spefied tseshstds must e dislons
Code ¢(onaet-
Conouet Uted companil wt tomulata a eade
timely and odequate dlis canse
UpSI
^piable to designatd peson aud thei
Imwediat Relates, atlinig hoa ha
tading and haudling PI.
Engsemnt and penaltie
-SEBI- eupouered tb osigat ad
and penalize iolati eu gte
PIT Regniatiod
Penaltes - fne kangirg hon o akh to 25 Ue a thiee
time phoit made , oicheve4 u biglec
· SEBI- iue dURectien to preeut Imidu hoding
the Seewiities masket
Bayay Ailo Inides
Tiading
intemmation Bajaj Auub's tbta! eveue,EBITDA,
PAT, ete - wwto be annoncad feus day pi to the annawenen,
elaifed a UPST by SEtd infeniti on wau Ceaked.
SEBE inwetigatien hevealed - whatiApp Ghop: aket chati, do m
wee intigated and 140 deriu /hecardu iee sei2ed
" 2empleyees of stokk bsting
dpo enalty of 15 lakhu
SEB0 ctien ta wau conl