Telang. HC: Passing Preventive Detention Order for Repeated Illegal Sale of Spurious Liquor is Valid || Kerala HC: Police Doesn’t Have Authority to Barge into Homes of History Sheeters at Night || HP HC: Cannot Treat Amount Deposited Under Protest as Admission of Tax Liability || Ker. HC Issues Directions for Notice to Entities Responsible for Polluting Thevara-Perandoor Canal || Gauhati HC Issues Circular Directing Completion of Child Trafficking Cases Within 6 Months || Delhi HC: Online Gaming Platform Winzo Files Suit against Removal of its YouTube Channel || Supreme Court: Court’s Interim Order Only Applicable on Parties in the Suit || SC Deprecates Practice of Parties Getting Bail & Later Going Back on Statements || SC Proposes Laying Down Guidelines for Grant of OBC Certificates to Children of Single Mothers || Mad. HC: Assistant Commissioner Can’t Issue Blanket Prohibitory Order Restraining Entry of Vehicles

Review of Annual Custody / Issuer Charges- (Securities and Exchange Board of India) (09 Dec 2015)

MANU/SDEP/0010/2015

Capital Market

The Securities and Exchange Board of India has enhanced custody/issuer charged to be collected by depositories from issuers. Per folio charge has been increased from Rs. 8 lakhs to Rs. 11 lakhs. Among other reimbursements, Depository Participants will pay an incentive of Rs. 100 for new Basic Services Demat Accounts in cities other than the ‘top 15 cities’.

Relevant : Review of Dematerialisation Charges MANU/SSMD/0010/2005 Review of Annual Issuers charges MANU/SSMD/0010/2011

Tags : SEBI CUSTODY ISSUER CHARGES INCREASE

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