Copy Of Sebi

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SECURITIES AND EXCHANGE BOARD OF INDIA ACT ,1992 Govt. issued an ordinance on Jan30,1992 for giving statutory powers to SEBI which received the assent of parliament on 4 April,1992.Further,on may 29,1992 govt issued an ordinance abolishing the Capital Issue Control Act,1947.

PURPOSE OF THE ACT  To

protect the interest of investors in securities  To promote the development of securities market  To regulate securities market  For matters connected therewith or incidental thereto

LATEST SEBI GUIDELINES FOR ISSUE OF EQUITY SHARES  Promoters

contribution & lock-in-period  Reservation in issues  Underwriting of issues  Filling of offer document  Minimum application size  Norms for minimum tradeable lots changed

 Code

of advertisement  Pricing by companies issuing securities

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