New listing agreement

GAURAV KR SHARMA
GAURAV KR SHARMAFema,Corpoate Law Advisor,Entrepreneur and Finance Professional

New listing agreement

1
LISTING AGREEMENT
This Agreement is made on this ................... day of ...................; .................. by
.........................................................................................................................................
a Company / any other entity duly formed and registered under the relevant
Indian Act / statutory enactment of appropriate jurisdiction, including overseas
jurisdiction, wherever applicable, and having its registered office at
……………………………………………………………………………………………………
……………………………………………………………………………………………………
(herein after called “the Issuer”) with the National Stock Exchange of India Limited
(herein after called “the Exchange”)
WHEREAS:-
a. It is a requirement of the Exchange that the Issuer shall submit a listing agreement
duly executed along with an application for admission and continued admission of
the securities to dealings on the Exchange.
b. *The Issuer is desirous of continuing the listing of its securities on the Exchange.
or
The issuer is desirous of listing its securities as mentioned in the application and
made part hereof.
c. The Issuer is desirous of executing this Agreement in compliance with the
aforesaid requirement of the Exchange.
2
NOW THEREFORE in consideration of the aforesaid, the Issuer hereby covenants
and agrees with the Exchange as follows:
1. That the Issuer shall comply with the extant provisions of all the applicable statutory
enactments governing the issuance, listing and continued listing of securities.
2. That without prejudice to the above clause, the Issuer hereby covenants and
agrees that it shall comply with the following:
i. the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
and other applicable regulations /guidelines/circulars as may be issued by SEBI
from time to time.
ii. the relevant byelaws / regulations / circulars / notices / guidelines as may be
issued by the Exchange from time to time.
iii. such other directions, requirements and conditions as may be imposed by SEBI /
Exchange from time to time.
3. That it shall pay listing and such other fees / fines as may be specified / levied by
the Exchange from time to time within the prescribed period.
4. That it shall keep intimated the Exchange about change in any information/ details of
the issuer.
5. The admission and continued admission of the securities to dealings on the Exchange
is subject to the discretion of the Exchange and subject to the powers of the
Exchange to prohibit, suspend or withdraw the listing of the securities on the
Exchange.
6. That the board of directors or a committee duly authorized by the board of directors of
the issuer has passed a resolution for initial listing of the securities on the
Exchange at its meeting held on the ................... day of ........................
20.........(not applicable in cases where the securities are already listed on the
Exchange).
7. Both parties agree that earlier listing agreement stands rescinded and novation
carried out in accordance with respective regulations (viz. ICDR, ILDS, NCRPS,
etc.) shall not affect any right already accrued or liability incurred by either party nor
effect any enquiry or investigation or any other action undertaken by the Exchange or
SEBI.
This Agreement is duly executed on the day, month and year first mentioned above by
the authorized signatories duly authorized by the board of directors or committee
thereof in their ................... meeting held on................................................... (date).
SIGNED AND DELIVERED by the within named )
........................ (Name of the Issuer) )
Through its Authorised Signatories )
Name(s): )
Designation(s): )
SIGNED by the authorized signatory of Stock Exchange )
Name: )
Designation: )
*Note: Stock Exchange may strike off whichever is not applicable.
3
Information about the Company and Securities
Name of Issuer:
CIN No.
Registered office
Address
Corporate office
Address
Telephone No. Fax No.
Website address e-mail
id
Name of the Company
Secretary/ Compliance
officer
Telephone no. Fax
No.
e-mail id
Securities applied for
listing
(Please tick (√) the
Appropriate boxes)
Specified securities ( Main Board) Equity Shares /
Convertible
securities.
Specified securities (SME Exchange) Equity Shares /
Convertible
securities.
Specified securities (Institutional Trading
Platform)
Equity Shares /
Convertible
securities.
Non-convertible debt securities*
Non-convertible redeemable preference*
sharesPerpetual debt instrument
Perpetual non-cumulative preference
Shares*
Indian depository receipts
Securitized debt instruments*
Units issued by Mutual Funds*
Others (Please specify)
*The uniform listing agreement executed by listed entity for existing listed securities as well as new securities proposed to
be listed by listed entity in future.
4

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New listing agreement

  • 1. 1 LISTING AGREEMENT This Agreement is made on this ................... day of ...................; .................. by ......................................................................................................................................... a Company / any other entity duly formed and registered under the relevant Indian Act / statutory enactment of appropriate jurisdiction, including overseas jurisdiction, wherever applicable, and having its registered office at …………………………………………………………………………………………………… …………………………………………………………………………………………………… (herein after called “the Issuer”) with the National Stock Exchange of India Limited (herein after called “the Exchange”) WHEREAS:- a. It is a requirement of the Exchange that the Issuer shall submit a listing agreement duly executed along with an application for admission and continued admission of the securities to dealings on the Exchange. b. *The Issuer is desirous of continuing the listing of its securities on the Exchange. or The issuer is desirous of listing its securities as mentioned in the application and made part hereof. c. The Issuer is desirous of executing this Agreement in compliance with the aforesaid requirement of the Exchange.
  • 2. 2 NOW THEREFORE in consideration of the aforesaid, the Issuer hereby covenants and agrees with the Exchange as follows: 1. That the Issuer shall comply with the extant provisions of all the applicable statutory enactments governing the issuance, listing and continued listing of securities. 2. That without prejudice to the above clause, the Issuer hereby covenants and agrees that it shall comply with the following: i. the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 and other applicable regulations /guidelines/circulars as may be issued by SEBI from time to time. ii. the relevant byelaws / regulations / circulars / notices / guidelines as may be issued by the Exchange from time to time. iii. such other directions, requirements and conditions as may be imposed by SEBI / Exchange from time to time. 3. That it shall pay listing and such other fees / fines as may be specified / levied by the Exchange from time to time within the prescribed period. 4. That it shall keep intimated the Exchange about change in any information/ details of the issuer. 5. The admission and continued admission of the securities to dealings on the Exchange is subject to the discretion of the Exchange and subject to the powers of the Exchange to prohibit, suspend or withdraw the listing of the securities on the Exchange. 6. That the board of directors or a committee duly authorized by the board of directors of the issuer has passed a resolution for initial listing of the securities on the Exchange at its meeting held on the ................... day of ........................ 20.........(not applicable in cases where the securities are already listed on the Exchange). 7. Both parties agree that earlier listing agreement stands rescinded and novation carried out in accordance with respective regulations (viz. ICDR, ILDS, NCRPS, etc.) shall not affect any right already accrued or liability incurred by either party nor effect any enquiry or investigation or any other action undertaken by the Exchange or SEBI.
  • 3. This Agreement is duly executed on the day, month and year first mentioned above by the authorized signatories duly authorized by the board of directors or committee thereof in their ................... meeting held on................................................... (date). SIGNED AND DELIVERED by the within named ) ........................ (Name of the Issuer) ) Through its Authorised Signatories ) Name(s): ) Designation(s): ) SIGNED by the authorized signatory of Stock Exchange ) Name: ) Designation: ) *Note: Stock Exchange may strike off whichever is not applicable. 3
  • 4. Information about the Company and Securities Name of Issuer: CIN No. Registered office Address Corporate office Address Telephone No. Fax No. Website address e-mail id Name of the Company Secretary/ Compliance officer Telephone no. Fax No. e-mail id Securities applied for listing (Please tick (√) the Appropriate boxes) Specified securities ( Main Board) Equity Shares / Convertible securities. Specified securities (SME Exchange) Equity Shares / Convertible securities. Specified securities (Institutional Trading Platform) Equity Shares / Convertible securities. Non-convertible debt securities* Non-convertible redeemable preference* sharesPerpetual debt instrument Perpetual non-cumulative preference Shares* Indian depository receipts Securitized debt instruments* Units issued by Mutual Funds* Others (Please specify) *The uniform listing agreement executed by listed entity for existing listed securities as well as new securities proposed to be listed by listed entity in future. 4