Tag: Sebi

May 31

Transactions between 2 govt firms exempt from prior nod requirements by audit committee for RPTs: Sebi

Transactions entered into between two state-run companies are exempted from taking prior approval of the audit committee and shareholders for related-party transactions, markets regulator Sebi clarified on Wednesday.The clarification came after NTPC sought informal guidance about related party transactions (RPTs) under the LODR (Listing Obligations and Disclosure Requirements) rules.The state-owned company has sought clarification on […]
May 21

Sebi proposes measures to contain price volatility on shares in this segment

Capital markets regulator Sebi on Sunday came out with a proposal to strengthen the existing price band formulation for scrips in the derivatives segment to deepen volatility management and minimize information asymmetry in the market. Price bands for scrip or a derivative contract represent the boundaries within which the competing orders of buyers and sellers […]
May 14

Sebi proposes delisting mechanism for non-convertible debt securities

Capital markets regulator Sebi has proposed a mechanism for the voluntary delisting of non-convertible debt securities. Under the mechanism, an entity should not be permitted to delist a few non-convertible debt securities while other non-convertible debt securities continue to remain listed. Accordingly, the proposed mechanism would apply to the voluntary delisting of all listed non-convertible […]
Jun 22

AMFI nod to MFs to resume subscription to overseas funds

The Association of Mutual Funds in India (AMFI) clarified on Tuesday that AMCs (asset management companies) may resume subscriptions and make investments in overseas funds and securities up to the headroom available without breaching the overseas investment limit utilised by individual mutual funds and AMCs as on February 1, 2022. The assets under management of […]