NISM ISSUERS COMPLIANCE

I. Introduction to Indian Capital Market

  • Understand the Capital Market Structure in India and Role of Capital Market
  • Discuss the Regulatory Framework in India

II. Understand the Capital Market Regulations

  • Know the SEBI Act, 1992
  • Know the Companies Act 1956,
  • Know the Securities Contracts (Regulation) Act, 1956
  • Know the Listing Agreement
  • Know the Foreign Exchange Management Act, 1999 (FEMA)
  • Know the Prevention of Money Laundering Act, 2002 (PMLA)
  • Know the The Competition Act, 2002
  • Know the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (SEBI(ICDR))
  • Know the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
  • Know the SEBI (Buy Back of Securities) Regulations, 1998
  • Know the SEBI (Prohibition of Insider Trading) Regulations, 1992
  • Know the SEBI (Intermediaries) Regulations, 2008
  • Know the SEBI (Delisting of Equity shares), Regulations, 2009
  • Know the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999
  • Know the Companies (Issue of Indian Depository Receipts) Rules, 2004 (IDR Rules)
  • Know the SEBI (Issue of Sweat Equity) Regulations, 2002

III. Discuss the role of Compliance Officer

  • Understand the appointment of Compliance Officer
  • Know the Role of Compliance Officer
  • Learn about the Responsibilities of a Compliance Officer
  • Discuss the Reporting requirements

IV. Understand how to Raise Capital from the market

  • Why raise money from the market
  • Learn about the Evolution of Public Issues
  • Know the ways of Raising money

V. Understand the Role of Compliance Officer in IPO

  • Planning an IPO
  • General Obligations during Public Issue
  • Marketing the Issue
  • Application Supported by Blocked Amount (ASBA)
  • Allotment of Shares
  • Listing with Stock Exchanges
  • Post Issue Compliances 

VI. Understand the Role of Compliance Officer in other public Issues

  • Further Public Offer
  • Rights Issue
  • Bonus Issue
  • Employee Stock Option Plan (ESOP)
  • Sweat Equity
  • Private Placement
  • Indian Depository Receipts (IDR)

VII. Know about the ways to Raise money from foreign market

  • Learn about American Depository Receipt (ADR) / Global Depository Receipt (GDR)
  • Learn about Foreign Currency Convertible Bonds (FCCB)

VIII. Understand about Corporate Actions

  • Know the Related laws and process

IX. Know about the Ongoing Compliance Requirements

  • Reports to be submitted as per Listing Agreements
  • Compliances under the SEBI (Substantial Acquisition of Shares and Takeovers)
  • Regulations, 2011
  • Compliances under the SEBI ( Prohibition of Insider Trading) Regulations, 1992
  • Appellate Tribunal
  • Scores system for investor grievance

X. Additional Read: SAT Cases