NISM Series II A : Registrars to an Issue and Share Transfer Agents - Corporate Exam Notes
Page 120 Of 136
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Listing requirements: Include minimum public shareholding and profit criteria.
Public shareholding: Listed companies must maintain 25% public holding.
LODR disclosures: Mandate timely financial and operational disclosures.
UPI block facility: Blocks funds in investor accounts for secondary market trades.
Trade settlement: Completed in T+1 cycle for most securities.
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