Reliance signs revised listing agreement with BSE


Chennai, Oct 27 (IANS): The Mukesh Ambani-led Reliance Industries Ltd on Tuesday became the first BSE-listed entity to sign the revised listing agreement as mandated by the market regulator, said BSE.

In a statement, BSE said: "The process of signing of the revised Listing Agreement as mandated under the newly-introduced Listing Regulations notified by SEBI (Securities and Exchange Board of India), has been initiated at the BSE, with Reliance Industries Ltd. having signed the new Listing Agreement today (Tuesday)."

"It is a matter of pride for both, that one of the top companies of the Indian corporate sector has become the first company to sign the new Listing Agreement with Asia's oldest and the world's fastest Stock Exchange - BSE," the statement added.

The SEBI had notified the new listing regulations from September 2, 2015 and the same are effective from December 1, 2015.

As part of the new listing norms, SEBI has mandated all existing listed entities to execute a fresh and simplified Listing Agreement with the Stock Exchange where they are listed, within six months of the notification date of September 2, 2015.

BSE expects that all listed companies will strive to ensure that the new Listing Agreement is signed well within the timelines specified by SEBI.

 

  

Top Stories


Leave a Comment

Title: Reliance signs revised listing agreement with BSE



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.