Recent trends show that in spite of economic uncertainties cross border merger and acquisitions are gaining importance and considered to be a vital tool for growth. Read on to understand all about cross border mergers and acquisitions with the help of an case study.
SEBI - Disclosure of significant beneficial ownership in the shareholding pat...Venkatesh Prabhu
All listed entities shall disclose details pertaining to significant beneficial
owners in the format prescribed at Annexure to this circular.
3.2. The format specified in the Annexure to this circular shall be Table V under
clause 5 of the format of holding of specified securities specified in the
aforesaid circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015. The
circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015 shall stand
modified to that extent.
3.3. All the terms specified in this circular shall have the same meaning as specified
in Companies (Significant Beneficial Owners) Rules, 2018.
Latest Circular on Non compliance of SEBI LODR Regulations GAURAV KR SHARMA
SEBI circular dated May 3, 2018 for restructuring the penal provision for non compliance of SEBI LODR Regulations. It will be applicable after compliance period ending September 30, 2018.
Most important:
Violation of Reg 6(1): Non compliance with appointment of CS as Compliance officer, 1000 per day
Global Regulatory Update”, a compilation of global and domestic news, opinions on regulatory issues, CII initiatives and representations on regulatory issues.
The Update is aimed at keeping CII membership apprised of developments in the international and domestic corporate governance and regulatory landscape.
Onmobile has an open offer from a promoter who will buy 10% for Rs. 47 cr. ($8 million) in February 2014. This is NOT a buyback but one promoter entity buying.
Recent trends show that in spite of economic uncertainties cross border merger and acquisitions are gaining importance and considered to be a vital tool for growth. Read on to understand all about cross border mergers and acquisitions with the help of an case study.
SEBI - Disclosure of significant beneficial ownership in the shareholding pat...Venkatesh Prabhu
All listed entities shall disclose details pertaining to significant beneficial
owners in the format prescribed at Annexure to this circular.
3.2. The format specified in the Annexure to this circular shall be Table V under
clause 5 of the format of holding of specified securities specified in the
aforesaid circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015. The
circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015 shall stand
modified to that extent.
3.3. All the terms specified in this circular shall have the same meaning as specified
in Companies (Significant Beneficial Owners) Rules, 2018.
Latest Circular on Non compliance of SEBI LODR Regulations GAURAV KR SHARMA
SEBI circular dated May 3, 2018 for restructuring the penal provision for non compliance of SEBI LODR Regulations. It will be applicable after compliance period ending September 30, 2018.
Most important:
Violation of Reg 6(1): Non compliance with appointment of CS as Compliance officer, 1000 per day
Global Regulatory Update”, a compilation of global and domestic news, opinions on regulatory issues, CII initiatives and representations on regulatory issues.
The Update is aimed at keeping CII membership apprised of developments in the international and domestic corporate governance and regulatory landscape.
Onmobile has an open offer from a promoter who will buy 10% for Rs. 47 cr. ($8 million) in February 2014. This is NOT a buyback but one promoter entity buying.
Latest Companies (Accounts) Amendment Rules, 2016
Greatest relief to Unlisted companies and its auditors - No need to prepare consolidated financial statements. Please refer notification below
Presentation on SEBI:
Contents:
Introduction
Objectives
Organisation
Functions
Powers
Legislations:Acts
SEBI and Central Government
Policy Development: SEBI Regulations on Primary Markets, Capital markets, Collective Investment Vehicles, and Debt markets.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Advantages and Disadvantages of CMS from an SEO Perspective
Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011(Regulations).
1. CIRCULAR
CIR/CFD/POLICYCELL/3/2015 August 05, 2015
To
All Recognised Stock Exchanges
All Registered Merchant Bankers
Dear Sir/Madam,
Sub: Formats under SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011(Regulations).
1. The formats for the reports/disclosures to be filed under the Regulations have
been prescribed by SEBI vide circular No SEBI/CFD/DCR/SAST/ 1/2011/09/23
dated September 23, 2011, SEBI/CFD/DCR/SAST/ 2/2011/10/20 dated October
20, 2011and CIR/CFD/POLICYCELL/11/2013 dated October 21, 2013.
2. In order to ensure that adequate disclosures are made to help investors in taking
an informed decision, it has been decided to modify the formats for disclosures
under regulation 31of the Regulations.
3. The format for disclosuresunder regulation 31(1)/(2)of the Regulations is placed
as Annexure-1.
4. A copy of this circular and the above stated formats are available on SEBI
website at www.sebi.gov.in under the categories “Legal Framework” and
“Takeovers”.
5. This Circular shall come into force with immediate effect.
Yours faithfully,
Amit Tandon
Deputy General Manager
+91-22-26449373
amitt@sebi.gov.in
2. ANNEXURE – 1
Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/
release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Name of the Target Company(TC)
Names of the stock exchanges where the shares of the target company are listed
Date of reporting
Name of the promoter or PAC on whose shares encumbrance has been
created/released/invoked
Details of the creation of encumbrance:
Name of
the
promoter
(s) or
PACs
with
him*
Promoter
holding in the
target company
(1)
Promoter
holding already
encumbered (2)
Details of events pertaining to encumbrance (3) Post event
holding of
encumbered
shares {creation
[(2)+(3)] /
release [(2)-(3)]
/ invocation
[(1)-(3)]]
Number % of
total
share
capital
Number % of
total
share
capital
Type of
event
(creation /
release /
invocation)
Date of
creation/
release/
invocation of
encumbrance
Type of
encumbrance
(pledge/ lien/
non disposal
undertaking/
others)
Reasons for
encumbrance
**
Number % of
share
capital
Name of
the entity in
whose
favor shares
encumbered
***
Number % of
total
share
capital
3. *The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in
the table irrespective of whether they are reporting on the date of event or not.
** For example, for the purpose of collateral for loans taken by the company, personal borrowing, third party pledge, etc.
***This would include name of both the lender and the trustee who may hold shares directly or on behalf of the lender.
Signature of the Authorized Signatory
Place :
Date :