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    NSE Circular 18102024

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    Debanjan Sarkar
    Circular nse

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    NSE Circular 18102024

    Uploaded by

    Debanjan Sarkar
    4 views2 pages
    Circular nse

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    NSE_Circular_18102024

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    Circular nse

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    4 views2 pages

    NSE Circular 18102024

    Uploaded by

    Debanjan Sarkar
    Circular nse

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Department: LISTING

    Circular Ref. No: NSE/CML/31 Date: October 18, 2024

    To
    All Listed Entities,

    Subject: Standard Operating Process under SEBI (PIT) Regulations, 2015 for ensuring compliance
    with Structured Digital Database (“SDD”)

    This is with reference to the Structural Digital Database as per Regulation 3(5) and 3(6) of Securities and
    Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 which inter alia required
    SDD to be maintained by all listed and proposed to be listed entities.

    The previous circulars issued by the Exchange in this regard vide circular No. NSE/CML/2022/51 dated
    October 28, 2022, circular No. NSE/CML/2022/52 dated November 04, 2022, Circular No.
    NSE/CML/2023/09 dated January 25, 2023, circular Ref No: NSE/CML/ 2023/25 dated March 29, 2023,
    shall stand rescinded.

    The listed entities are required to note below Standard Operating Process for Structural Digital Database:

    1) The listed entities to whom the provisions of Regulation 24A of SEBI(LODR) Regulations, 2015 are
    applicable, are required to confirm compliance status of SDD in the Annual Secretarial Compliance
    Report.

    2) The listed entities to whom the provisions of Regulation 24A of SEBI(LODR) Regulations, 2015 are
    not applicable, are required to confirm compliance status of SDD by submitting SDD Compliance
    Certificate in the prescribed format (as per Annexure I) certified by Practicing Company Secretary
    within 60 days from the end of the Financial Year on below mentioned path, if the Company is
    compliant. If the Company is non-compliant with SDD requirement the Company needs to submit
    quarterly compliance certificate certified by Practicing Company Secretary till the time Company
    complies:
    NEAPS > COMPLIANCE > Announcements > Announcements/CA

    Please note that the announcement with regards to SDD are required to submit under the subject
    Structural Digital Database
    3) In case of proposed to be /newly listed companies, the Exchange will take certificate at the time of
    filing of offer document from PCS that the Company is compliant with Regulation 3(5) and 3(6) of
    SEBI (Prohibition of Insider Trading) Regulations, 2015 and any amendment thereof.

    4) In the Case of non-compliant Companies, the Exchange will take below action within 30 days from
    the due date of submission of report/certificate:

    a) “Under the “Get Quote” page of the Exchange Website of the Listed Entity, wherever listed, would
    display that the company is non-compliant with SDD along with the name of the compliance
    officer, till the time company is compliant.”

    b) The Exchanges will not provide any further Listing Approval except bonus and split.

    c) The Company may be asked to place the matter before their Board and provide the comments of
    the Board.

    5) In case of Suspended non-compliant Companies, the revocation will take place only when the
    confirmation of compliance status will be provided by the Company in the prescribed format (as per
    Annexure I) certified by the Practicing Company Secretary.

    The circular shall be effective immediately.

    All Listed companies are requested to take note and comply accordingly.

    For and on behalf of


    National Stock Exchange of India Limited

    Mandar Walavalkar
    Vice President

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