{"id":62307,"date":"2023-01-20T14:10:56","date_gmt":"2023-01-20T08:40:56","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=62307"},"modified":"2024-06-03T11:27:20","modified_gmt":"2024-06-03T05:57:20","slug":"irdai-issues-clarification-on-classification-of-shares-issued-by-virtue-of-demerger-to-insurance-companies","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/irdai-issues-clarification-on-classification-of-shares-issued-by-virtue-of-demerger-to-insurance-companies\/","title":{"rendered":"IRDAI Issues Clarification on the Classification of Shares Issued by Virtue of Demerger to Insurance Companies"},"content":{"rendered":"<p>On 19th January 2023, the Insurance Regulatory and Development Authority of India issued a Circular in regard to Clarification on the Classification of Shares issued by virtue of Demerger to Insurance Companies.<\/p>\n\n\n\n<p>Through the exercise of powers, as conferred under Regulation 17 of the IRDAI Investment Regulations, 2016, it has been henceforth clarified that the dividend criteria as stipulated under Regulation 3 (a) (4) and 3 (a) (5) of IRDAI (Investment) Regulations, 2016 to be read with Clause 1.11 of the IRDAI Investment Master Circular issued on 27th October 2022 deemed applicable to be the &ldquo;Demerged Company&rdquo; is to be reckoned for the purpose of classification of investment, in equity shares and preference shares in &ldquo;Resulting Investee Company(s), as &ldquo;Approved Investment&rdquo; or &ldquo;Other Investment&rdquo;, for initial two financial years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 19th January 2023, the Insurance Regulatory and Development Authority of India issued a Circular in regard to Clarification on the Classification of Shares issued by virtue of Demerger to Insurance Companies. Through the exercise of powers, as conferred under Regulation 17 of the IRDAI Investment Regulations, 2016, it has been henceforth clarified that the [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":62320,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IRDAI Provides Clarification on Insurance Companies&#039; Classification of Shares Issued via Demerger<\/title>\n<meta name=\"description\" content=\"The IRDAI issued a Circular in regard to Clarification on the Classification of Shares issued by virtue of Demerger to Insurance Companies.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/irdai-issues-clarification-on-classification-of-shares-issued-by-virtue-of-demerger-to-insurance-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IRDAI Provides Clarification on Insurance Companies&#039; Classification of Shares Issued via Demerger\" \/>\n<meta property=\"og:description\" content=\"The IRDAI issued a Circular in regard to Clarification on the Classification of Shares issued by virtue of Demerger to Insurance Companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/irdai-issues-clarification-on-classification-of-shares-issued-by-virtue-of-demerger-to-insurance-companies\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-03T05:57:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-38.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/62307"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=62307"}],"version-history":[{"count":1,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/62307\/revisions"}],"predecessor-version":[{"id":86597,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/62307\/revisions\/86597"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/62320"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=62307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}