Amendments to the Equity Listing Agreement

SBI has amended following Clauses of the Equity Listing Agreement.

1. Clause 35 - Disclosure relating to shareholding pattern;
2. Clause 40A – Minimum public shareholding;
3. Clause 5A - Uniform procedure for dealing with unclaimed shares;
4. Clause 20 & 22- Corporate Announcement;
5. Clause 21 - Notice Period;
6. Clause 53 - Disclosures regarding agreements with the media companies;  
and has inserted clause Clause 54 – Maintenance of a website

Click here for the text of the circular CIR/CFD/DIL/10/2010.

Listing Agreement for Debt Securities

Listing Agreement for Debt Securities amended till January 07, 2010.

Simplified Debt Listing Agreement for Debt Securities - Amendments

SEBI vide circular SEBI/IMD/DOF-1/BOND/Cir-5/2009 dated November 26, 2009 amended the Simplified Listing Agreement for Debt Securities.

In continuation thereof, it has been decided to amend the Simplified Listing Agreement for Debt Securities with immediate effect as per the Circular attached.

Click the title for the full text of the circular. SEBI Circular : SEBI/IMD/DOF-1/BOND/Cir-1/2010

SEBI Borad Meeting - PR No.344/2009

SEBI has issued a press release covering decisions taken at its meeting held on November 9, 2009. Decesion is taken on the follwoing points.

1. Voulntary adoption of IFRS by listed companies presenting consolidated accounts.
2. Interim disclosure of Balance sheet items.
3. Uniform timeline for submitting audited/anaudited financial results.
4. Certain other amednments to ICDR regulation and listing agreement.

Click the title for the text of the Press Release.

SEBI Board Meeting- PR No. 300/2009, dated 22-9-2009

Amendments to Listing Agreement/ICDR Regulations and Amendments to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations (Takeover Regulations). Press release no. PR No. 300/2009, dated 22-9-2009- Outcome of SEBI Board meeting. Click the title for the text of the Press Release.

Amendments to Equity Listing Agreement

NeelamBhardwaj

GeneralManager

CorporationFinance Department

Phone: +91 22 26449350(D), Email:neelamb@sebi.gov.in

SEBI/CFD/DIL/LA/3/2009/03/09

September 3, 2009

The Managing Director/ Executive Director/ Administrator of all the Stock Exchanges

Dear Sirs,

Sub.: Amendments to Equity Listing Agreement

1. The matters relating to issue of capital and the manner of disclosure of such and other matters incidental thereto have been provided in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (hereinafter referred to as “the ICDR Regulations”). The ICDR Regulations have been notified on August 26, 2009.

2. It has been decided to incorporate the provisions of clause 3.5.3 of the SEBI (Disclosure and Investor Protection) Guidelines, 2000 (since rescinded) in the equity listing agreement, as these provisions pertain to compliance of listing conditions by a listed issuer.

3. Accordingly, it has been decided to amend clause 19 of the equity listing agreement, by inserting a sub-clause after sub-cause (c), as under:

“(d) that in case of a further public offer to be made through the fixed price route, the company shall notify the stock exchange, at least 48 hours in advance, of the proposed meeting of its Board of Directors convened for determination of issue price.”

4. This circular is issued in exercise of powers conferred by sub-section (1) of section 11 of the Securities and Exchange Board of India Act, 1992, to protect the interest of investors in securities and to promote the development of, and to regulate the securities market. This circular is available on SEBI website at http://www.sebi.gov.in/ under the categories “Legal Framework” and “Issues and Listing”.

Yours faithfully,

Neelam Bhardwaj