Business news: Regulator Securities and Exchange Board of India on Friday approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. "Verifiable compliance with such due-diligence requirements would provide the regulatory comfort necessary for the …
The Securities and Exchange Board of India has extended the timeline for verification of market rumours by listed entities. “It has been decided to extend the effective date of implementation of the proviso to regulation 30 of the LODR Regulations for top 100 listed entities by market capitalization, to February 1, 2024 and for top 250 listed entities by market …
The Securities and Exchange Board of India has released a significant clarification regarding the disclosure of material events and information by listed entities under Regulations 30 and 30A of the SEBI Regulations, 2015. The circular, issued on July 13, 2023, aims to enhance transparency and ensure timely disclosure of crucial events or information by listed entities. The previous circular provided …
Markets regulator Sebi on Wednesday decided to put in place a regulatory framework on ESG disclosures by listed entities, ESG ratings in the securities market, and ESG investing by mutual funds to facilitate a balance between transparency, simplification and ease of doing business in an evolving domain. In order to enhance the reliability of ESG disclosures, Sebi said that BRSR …
