NSE Listing Agreement – Part I (India)

NSE - LISTING AGREEMENT - PART- I

This agreement made this ______________________ day of_____________, ___ by ____________________________________________________________ a Company/ any other body duly formed and registered under the relevant Act and having its Registered office at_______________________________________________ _______________________________________________________________ (hereinafter called "the Issuer") with the NATIONAL STOCK EXCHANGE OF INDIA LIMITED (hereinafter called 'the NSE').

Witnesseth

WHEREAS the Issuer has filed with the NSE an application for listing its securities more particularly described in Schedule I / Schedule II annexed hereto and made a part hereof.

AND WHEREAS it is a requirement of the NSE that there must be filed with the application an agreement in terms hereinafter appearing, to qualify for the admission and continuance of the said securities upon the list of the NSE.

NOW THEREFORE in consideration of the NSE having agreed to list the said securities, the Issuer hereby covenants and agrees with the NSE as follows:

1.       The Issuer agrees:

a.     that letters of allotment will be issued simultaneously and that in the event of its being impossible to issue letters of regret at the same time, a notice to that effect will be inserted in the press so that it will appear on the morning after the letters of allotment have been posted;

b.    that letters of right will be issued simultaneously;

c.     that letters of allotment, acceptance or rights will be serially numbered, printed on good quality paper and examined and signed by a responsible officer of the Issuer and that whenever possible they will contain the distinctive numbers of the securities to which they relate;

d.    that letters of allotment and renounceable letters of right will contain a provision for splitting and that when so required by the NSE the form of renunciation will be printed on the back of or attached to the letters of allotment and letters of right;

e.     that letters of allotment and letters of rights will state how the next payment of interest or dividend on the securities will be calculated.

2.       The Issuer will issue, when so required, receipts in such forms as prescribed by the NSE, for all securities deposited with it whether for registration, sub-division, consolidation, renewal, exchange or for other purposes.

3.       The Issuer agrees:

a.     to have on hand at all times a sufficient supply of certificates to meet the demands for transfer, sub-division, consolidation and renewal;

b.    to issue certificates or pucca receipts within one month of the date of the expiration of any right to renunciation;

c.     to issue certificates within one month of the date of lodgment for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls/allotment monies or to issue within fifteen days of such lodgment for transfer, pucca transfer receipts in denominations corresponding to the market units of trading autographically signed by a responsible official of the Issuer and bearing an endorsement that the transfer has been duly approved by the directors or that no such approval is necessary;

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