SEBI's Amendment to Listing Obligations and Disclosure Requirements (LODR)

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Questions and Answers

What is the primary purpose of the SEBI-appointed expert committee chaired by Santosh Kumar Mohanty?

To increase the number of provisions in the LODR Regulations

To facilitate ease of business for listed companies (correct)

To reduce the complexity of market capitalization calculations

To make the framework for market capitalization mandatory for all companies

What is the major change introduced by SEBI in calculating market capitalization of listed companies?

Using a weighted average of market capitalization

Using a single day's market cap calculated on March 31

Using an average market capitalization over a defined period (correct)

Using a moving average of market capitalization

Which of the following provisions in the LODR Regulations is NOT affected by the change in market capitalization calculation?

Provision 29

Provision 3

Provision 20 (correct)

Provision 25

What is the impact of the change on companies that are not in the top 100 or top 250 based on market capitalization?

The framework is voluntary for these companies Signup and view all the answers

What is the date from which the amended LODR Regulations become effective?

May 17, 2024 Signup and view all the answers

What is the name of the expert committee chair who made recommendations for revising the method for calculating market capitalization?

Santosh Kumar Mohanty Signup and view all the answers

What is the primary role of CSC in the MoU mentioned?

To serve as a distribution channel leveraging its digital network Signup and view all the answers

Which of the following products is NOT mentioned as part of AIC's products in the MoU?

Animal Vaccine Supply Chain Management Signup and view all the answers

What is the primary objective of the MoU signed between the Department of Animal Husbandry & Dairying and UNDP India?

To enhance digitalization of vaccine cold chain management Signup and view all the answers

Where was the MoU signed between the Department of Animal Husbandry & Dairying and UNDP India?

New Delhi, Delhi Signup and view all the answers

What is the role of UNDP in the MoU signed with the Department of Animal Husbandry & Dairying?

To support India's first animal vaccine supply chain management system Signup and view all the answers

What is the benefit of the new technology developed by UNDP for vaccine cold chain management?

It enables real-time monitoring of the vaccine supply chain Signup and view all the answers

What is the expected outcome of the MoU signed between the Department of Animal Husbandry & Dairying and UNDP India?

Enhanced digitalization of vaccine cold chain management, capacity building, and communication planning Signup and view all the answers

When was the MoU signed between the Department of Animal Husbandry & Dairying and UNDP India?

20th May 2024 Signup and view all the answers

Who won the 2024 presidential election of Chad?

Mahamat Idriss Déby Itno Signup and view all the answers

What percentage of the total votes did Mahamat Idriss Déby Itno win in the 2024 presidential election of Chad?

61% Signup and view all the answers

Who is the new MD and CEO of IndiaFirst Life Insurance Company?

Rushabh Gandhi Signup and view all the answers

From when will Rushabh Gandhi take charge as the MD and CEO of IndiaFirst Life Insurance Company?

1st July, 2024 Signup and view all the answers

Who has been appointed as the President of the Confederation of Indian Industry (CII) for the years 2024–25?

Sanjiv Puri Signup and view all the answers

Who succeeded R.Dinesh as President of the Confederation of Indian Industry (CII) for the years 2024–25?

Sanjiv Puri Signup and view all the answers

Who is the President-designate of the Confederation of Indian Industry (CII) for 2024-25?

Rajiv Memani Signup and view all the answers

What is the tenure of Rushabh Gandhi as the MD and CEO of IndiaFirst Life Insurance Company?

5 years Signup and view all the answers

What is the entity that merged with IDFC First Bank Limited in May 2024?

IDFC Limited Signup and view all the answers

What is the face value of IDFC Limited and IDFC First Bank shares?

Rs10 each Signup and view all the answers

What is the ratio of shares to be received by IDFC shareholders under the merger scheme?

155 shares for every 100 shares Signup and view all the answers

Which Pakistani rocket system has a range of 400 kilometers?

Fatah-II Signup and view all the answers

What is the purpose of the Fatah-II rocket system?

For stand-off, precision engagement of deep targets Signup and view all the answers

When did the Reserve Bank of India approve the reverse merger of IDFC Limited with IDFC First Bank?

December 2023 Signup and view all the answers

What is the name of the guided Multi-Launch Rocket System (MLRS) recently launched by Pakistan?

Fatah-II Signup and view all the answers

What is the significance of the Fatah-II rocket system in the context of Pakistan's military capabilities?

It marks a substantial advancement in long-range artillery capabilities Signup and view all the answers

What is the unique feature of Copilot+ PCs?

They are designed to manage AI tasks locally Signup and view all the answers

Who won the gold medal in the men's Javelin at the 27th National Federation Senior Athletics Competition 2024?

Neeraj Chopra Signup and view all the answers

Where was the 27th National Federation Senior Athletics Competition 2024 held?

Kalinga Stadium in Bhubaneswar, Odisha Signup and view all the answers

What was the distance of Neeraj Chopra's throw in the Federation Cup in 2021?

87.80 m Signup and view all the answers

Which country will host the 2026 AFC Women's Asian Cup?

Australia Signup and view all the answers

What is the significance of Uzbekistan in the context of the AFC Women's Asian Cup?

It will host the 2029 AFC Women's Asian Cup Signup and view all the answers

Where was the 3rd AFC Executive Committee meeting held?

Bangkok, Thailand Signup and view all the answers

What was the occasion of the 3rd AFC Executive Committee meeting?

AFC Congress Signup and view all the answers

Study Notes

SEBI Amendments

In May 2024, SEBI amended the Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
The amendment revised the method for calculating the market capitalization of listed companies.
Instead of using a single day's market cap, SEBI now employs an 'Average Market Capitalization' over a defined period.
The change affects ten provisions in the LODR Regulations.
The change follows recommendations from a SEBI-appointed expert committee chaired by former whole-time member Santosh Kumar (SK) Mohanty, aimed at facilitating ease of business.

MoU between CSC and AIC

CSC shall serve as a pivotal distribution channel, leveraging its vast digital network of 6 lakh Common Service Centres (CSCs) across rural India.
The partnership will cover AIC's other Products like Saral Krishi Bima, Sampoorna Ritu Kavach, etc.

MoU between DAHD and UNDP

On 20th May 2024, the Department of Animal Husbandry & Dairying (DAHD) signed a MoU with the United Nations Development Programme (UNDP) India.
The MoU aims to enhance the Digitalization of Vaccine Cold Chain Management, Capacity Building, and Communication Planning.
UNDP will support India's first animal vaccine supply chain management system in partnership with the DAHD.

IndiaFirst Life Insurance

Rushabh Gandhi has been appointed as the new MD and CEO of IndiaFirst Life Insurance Company.
The appointment is for a period of 5 years, with effect from 1st July 2024 or the date of regulatory approvals, whichever is earlier.

Confederation of Indian Industry (CII)

Sanjiv Puri, Chairman and Managing Director (CMD) of ITC Limited, has taken charge as President of the Confederation of Indian Industry (CII) for the years 2024-25.
He succeeded R.Dinesh, Chairman of TVS Supply Chain Solution (TVS SCS), who served as President of CII for 2023-24.

IDFC Merger

Shareholders and Non-Convertible Debenture (NCD) holders of IDFC First Bank Limited have approved the scheme of merger of IDFC Limited with IDFC First Bank.
Under the merger scheme, IDFC shareholders will receive 155 shares for every 100 shares held in the bank.

Pakistan's Fatah-II

Pakistan has successfully launched the indigenously developed guided Multi-Launch Rocket System (MLRS) called Fatah-II.
The system is capable of engaging targets with high precision up to a range of 400 kilometers.

Sports

Neeraj Chopra won the gold medal in the men's javelin throw at the 27th National Federation Senior Athletics Competition 2024.
Australia has been chosen as the host of the 2026 AFC Women's Asian Cup.

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This quiz is about the SEBI's amendment to LODR Regulations in 2024, specifically related to the calculation of a certain aspect of listed companies.