New norms for independent directors need strict monitoring
Capital markets regulator Sebi's decision to introduce the concept of accredited investors' will enhance the attractiveness of alternate investment funds (AIFs), experts said on Wednesday.
Move designed to reduce sway of promoters; regulator also prunes minimum application amount for REITs and InvITs to Rs 10,000-15,000.
The move is part of Sebi's effort to improve the efficiency of the use of the margin capital by market participants, the regulator said in a circular
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Regulator says appointment and removal of independent directors can be done through a special resolution of shareholders.
Airlines is depending on the IPO proceeds to repay debt and dues to creditors including Indian Oil Corp.
The asset management company had filed preliminary papers with Sebi in April to raise funds through through an initial public offer
Issuance of observations by Sebi implies approval for a public offering
In a 100-page order, Sebi has rapped the fund house for "several irregularities" in the running of its six debt schemes that were wound up in April 2020
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The move will help such small businesses get listed on the domestic bourses as well
Aims to remove sequentially contradictory transactions in the takeover process
In April, market regulator announced that 20% pay of senior MF officials must be in the form of units of schemes they oversee
Tribunal to issue an order next week on whether plea can be admitted
The market regulator has also asked AMFI to prescribe a suitable framework in this regard within one month. The framework will be adopted by all AMCs
Considers allowing payments banks, SFBs to handle application process; decision likely in Tuesday's meeting
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The buyback offer was scheduled to open on January 23, 2014 and close on July 22, 2014.
The regulator is expected to put in place guidelines in this regard next week