SEBI introduces online system to obtain SCORES credentials of Cos intending to list their securities on exchanges
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- Last Updated on 18 October, 2021
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CIRCULAR NO. SEBI/HO/OIAE/IGRD/CIR/P/2021/642, Dated 16.10.2021
To streamline the redressal of investor grievances against companies before listing, the SEBI has decided to introduce an online mechanism for obtaining SCORES credentials for all “companies intending to list their securities on SEBI recognized stock exchanges”. The online form can be accessed on the SCORES website www.scores.gov.in.
As a result, the Companies shall attach a declaration, with the online form, on the letterhead of the company signed by the Compliance Officer, as under
a. Companies intending to list on Main Board: A Declaration that the DRHP has been submitted with SEBI.
b. Companies intending to list on SME/Debt Platform of stock exchange: A Declaration that an application to list its securities has been submitted with the stock exchange/in-principal approval to list its securities has been obtained from the stock exchange.
However, the SCORES credentials shall be sent to the e-mail id of the Compliance Officer/Dealing Officer as provided in the online form. In view of the same, companies are no longer required to submit physical copy of Form-A or e-mail the same to SEBI, as provided earlier in Circular No. CIR/OIAE/1/2014 dated December 18, 2014.
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