2023-03-30 05:21:26
Key takeaways from SEBI board meeting:
-ASBA-like facility for secondary markets will now be optional for brokers and investors
- Current practice of having permanent board members for listed companies eliminated; new rules from April '24
-Top 100 listed firms must clarify market rumours from October 1, 2023
- Allowed PE funds as sponsors of MF schemes, permits self-sponsored AMCs
-Nod to mutual funds to launch multiple ESG-based schemes
-Nod to comprehensive overhaul of operational dynamics of AIFs
-Evaluating Total Expense Ratio (TER) process, to release detailed guidelines
-Approved backstop fund for Indian corporate debt market; to set up fund worth Rs 33,000 crore
-SEBI chief Madhabi Puri Buch denied to comment on Adani-Hindenburg row, said will respect and follow order of SC
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