Monday, December 27, 2010

: Amendments to the Equity Listing Agreement

In line with the objective of enhancing the quality of disclosures made by listed entities, it
has been decided to effect certain amendments to the Equity Listing Agreement (“the
LA”) with respect to various continuous disclosures made by listed entities.
2. The full text of amendments to be effected in the LA is given in the Annexure hereto. A
gist of the said amendments is as follows:-
(I) Amendments to Clause 35 – Disclosure relating to shareholding pattern
(a) Disclosure of shareholding pattern prior to listing of securities
Entities which seek listing of their securities post-IPO shall mandatorily submit their
shareholding pattern as per Clause 35 of the LA one day prior to the date of listing,
in order to ensure public dissemination of updated shareholding pattern. The stock
exchanges shall upload the same on their websites before commencement of
trading in the said securities.

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