Understanding Listing Agreement in India 

Listing means admission of securities to dealings on a recognized stock exchange. The securities may be of any public limited company, Central or State Government, quasi-governmental and other financial institutions/corporations, municipalities, etc. The core curriculum provides a complete synopsis of the chief features of The Listing Agreement. The objectives of listing are mainly to:· provide liquidity to securities;· mobilize savings for economic development;· protect interest of investors by ensuring full disclosures.PROGRAMME CONTENTS1. Listing of Securities a. What is listing;b. Who can list; 2. Legal Regime a. SEBI; b. Securities Contracts (Regulation) Act, 1956; c. Securities Contracts (Regulation) Rules, 1957; 3. Listing Agreement- a. Genesis and history of Listing Agreement; b. Applicability and relevance; 4. Important Clauses of the Listing Agreementa. Notifications / Intimations:i. Advance notifications for certain corporate actions;ii. Corporate actions requiring both intimation to stock exchanges and notification in newspapersb. Corporate Governance – Clause 49: c. Filings - Listing Agreement, Takeover Code and PIT Regulations - illustration by way of examples addressing common concerns for both the Stock Exchange and corporate