Question
According to the information provided by SEBI, the
companies will have to confirm, deny or clarify any reported event or information in the mainstream media, within 24 hours from the reporting of the information.Thus what is the extended deadline for listed companies to confirm or deny market rumors?Solution
The Securities and Exchange Board of India (SEBI) has extended the deadline for listed companies to confirm or deny market rumors to February 1, 2024 as part of mandatory disclosure requirements. The deadline has been extended for the top 100 listed companies by market capitalization to February 1, 2024, from October 1 this year at present. These companies will have to confirm, deny or clarify any reported event or information in the mainstream media, which is not general in nature and which indicates that rumors of an impending specific material event are circulating amongst the investing public within 24 hours from the reporting of the information.
Personal Disposable Income refers to:
The DuPont Analysis uses the following ratios except:
The Ministry of Agriculture and Farmers’ Welfare, along with NABARD, recently launched a web portal to streamline and expedite the process of settling...
Planning first and the most important function of management. Which of the following is not a type of plan?
What is the risk weight assigned to CRE-RH loans?
Which of the following is NOT a duty of a trustee under the Indian Trusts Act, 1882?
120 units of semi-conductors are required to be sold to earn a profit of Rs.1,00,000 in a monopoly market. The fixed cost for the period is Rs.80,000....
What is the main change introduced by SEBI regarding the listing time for specified securities post the public issue closure?
What does Global In-House Centre as per the International Financial Services Centres Authority (Global In-House Centres) Regulations, 2020 means?
Which institutions are considered National Development Banks (NDBs) under the Net Stable Funding Ratio (NSFR) framework?
