SEBI/CFD/DIL/DIP/36/2009/09/07 Dated: July 9, 2009 1. In exercise of the powers conferred under sub-section (1) of Section 11 of the Securities and Exchange Board of India Act, 1992, SEBI has amended the SEBI (Disclosure and Investor Protection) Guidelines, 2000 (hereinafter referred to as “the SEBI (DIP) Guidelines”).The full text of amendments is given in Annexure [...]
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Amendments to SEBI (Disclosure and Investor Protection) Guidelines, 2000
SEBI Abolished no-delivery period for all types of Corporate Action
The Securities and Exchange Board of India, the markets watchdog, has done away with a no-delivery period for all types of corporate actions for scrip’s that are traded in the compulsory dematerialised mode and accordingly, short deliveries, if any. During corporate announcements like bonus or dividend, shares of that company were under a no-delivery period. [...]
SEBI Reduces Fees for Market Intermediaries
To boost the confidence of brokers, FIIs, mutual funds and foreign venture capital funds in the Indian capital market, SEBI announced the reduction of fee by half on June 18.
Market regulator SEBI has notified that the reduced fees structure for market intermediaries such as brokers, FIIs and others would come into immediate effect. ” They shall come into force on July 1, 2009,” Securities and Exchange Board of India Chairman C B Bhave said in a notification.
Similarly, brokers & apos fee for all sale and purchase transactions in debt securities have been reduced to Rs 2.5 from Rs 5 for per Rs one crore turnover.


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