Examples of Securities and Exchange Board in a sentence
The Founders shall offer all the securities proposed to be locked-in as per Securities and Exchange Board of India listing or other regulations and to the extent permissible under Applicable Law, there shall be no lock-in in relation to the Shares held by the Investors.
The Issuer vide its letter dated has given notice to the Existing STA to discontinue its services and has appointed New STA w.e.f. _________________ as per the Board Resolution dated ___________________ The New STA is a Securities and Exchange Board of India registered share transfer agent having registration no: and the Issuer has approached the New STA to act as its share transfer agent and the New STA has accepted the assignment.
In terms of regulation 7(4) of Securities and Exchange Board of India (Listing Obligation and Disclosures Requirements) Regulations, 2015, the Issuer is required to enter into an Agreement with the Existing STA and New STA at the time of change of the Existing STA.
In terms of the provisions of the Securities and Exchange Board of India (Listing Obligation and Disclosures Requirements) Regulations, 2015, intimation is required to be given to the stock exchange(s) within seven days of signing of the Agreement and the copy of this Agreement is to be tabled at the subsequent meeting of the Board of Directors of the Issuer.
In terms of regulation 9A (1) (b) Securities and Exchange Board of India (Registrar to an Issue and Share Transfer Agent) Regulations, 1993, the New STA and the Issuer have entered into an agreement dated .
Words and expressions which are used in this Agreement, but which are not defined herein shall, unless the context otherwise requires, have the same meaning as assigned thereto in the rules and regulations of the Securities and Exchange Board of India and circulars issued thereunder.
The provisions of this Agreement shall always be subject to any rules, regulations, guidelines and circulars issued by Securities and Exchange Board of India and other provisions of law in force.
Provided however, if the rights and obligation of the parties hereto are altered by virtue of changes in rules and regulations of Securities and Exchange Board of India or bye-laws, rules and regulations of the stock exchange(s), such changes shall be deemed to have been incorporated herein in modification of the rights and obligations of the parties mentioned in this Agreement.