SEBI Redefines the Applicability of LODR Norms | Specifies Period for Calculating Average Market Capitalization
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- Last Updated on 20 May, 2024
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Notification No. SEBI/LAD-NRO/GN/2024/177; Dated: 17.05.2024
SEBI has notified the SEBI (LODR) (Amendment) Regulations, 2024, introducing changes to Regulation 2. The amended regulation redefines the applicability criteria and specifies a defined period for calculating average market capitalisation. According to the new regulation, every recognised stock exchange must prepare a list of entities with listed specified securities, ranking them based on average market capitalisation from July 1 to December 31 of that calendar year.
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