The Securities and Exchange Board of India plans to ask companies floating draft papers for initial public offering to also make an audiovisual representation of the disclosures in the prospectus. The capital market regulator has sought public comments on the same by April 9. Currently, companies who plan to raise capital through a public issue … Read more
Mumbai: A proposal on extending trading hours for equity derivatives mooted by the country’s premier exchange has hit a roadblock as brokers remain divided over the introduction of the new routine. The chief of the Securities and Exchange Board of India(Sebi) on Monday said there are many divergent and diverse views right now, even among … Read more
New Delhi: In a move aimed at ensuring ease of compliance and lower costs, Sebi on Tuesday said promoters of companies can give shares to their employees under the Offer For Sale (OFS) through the stock exchange mechanism. At present, shares under OFS are offered to the staff outside the stock exchange mechanism. Based on … Read more
The Securities and Exchange Board of India (Sebi) on Friday proposed a framework that allows voluntary freezing of clients’ trading accounts, that will help address issues of any suspicious activities. Investors raise issues of suspicious activities in their trading accounts and thus, there is an urgent need to address the situation of having a facility … Read more
