Corporate Updates – 02-01-2015


MCA has launched the eBookcontaining the snapshot of the Ministry’s activities undertaken by the MCA, agencies associated with MCA and achievements in the recent past and it also highlights the major services provided by the MCA to its stakeholders. It also has performance related information and data has been presented in a graphical manner for better ease and understanding.


SEBI has placed the Discussion Paper on Re-classification of Promoters as Public on its website for public comments. As the present regulatory framework does not prescribe criteria for re-classification, it is proposed to prescribe specific criteria to lend objectivity to the process of reclassification of promoters of listed companies as public shareholders under various circumstances. Considering the implications of the said matter on the market participants including listed companies, promoters / promoter group of the said companies and investors, public comments on the proposed policy framework are invited.


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