SEBI Update: Authorisation to Company Secretary under Buy-back Regulations

∆ SEBI vide its Notification dated February 07, 2023 issued SEBI (Buy-Back of Securities) Regulations, 2018.

✓ Under the Regulation 11(i), 11 (iii) and 21 (iii) of said regulations, now Secretarial Auditor of the Company authorised (in stead of the Statutory Auditor) to witness the extinguishment of the certificates bought back pursuant to Buyback of securities and to issue a certificate of compliance in this regard.

✓The provisions of these Regulations shall be effective from March 09, 2023.

✓ To read amended regulations of Buy-Back of Securities, please click here 

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