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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2023

13-Jan-2023 | Circular Ref. No: NSE/CML/2023/07

SEBI has issued a circular amending provisions under SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, effective from 11th January 2023.

The key amendment is the Insertion of the definition of Senior Management under Regulation 2(1)(bbbb) - The officers and personnel of the issuer who are members of its core management team, excluding the Board of Directors, and shall also comprise all the members of the management one level below the Chief Executive Officer or Managing Director or Whole Time Director or Manager (including Chief Executive Officer and Manager, in case they are not part of the Board of Directors) and shall specifically include the functional heads, by whatever name called and the Company Secretary and the Chief Financial Officer.


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