Mumbai, July 21 (IANS) Capital markets regulator SEBI on Tuesday asked depositories to put in place the operational framework and required system upgrades by August 1 to facilitate the implementation of the newly introduced ISIN-level freeze mechanism for promoter and promoter group holdings during share buybacks.In a circular, the regulator directed depositories to issue detailed operational guidelines covering the implementation of the ISIN-level freeze, including the format to be used by list…
Latest Share Buybacks News & Updates
Mumbai, June 19 (IANS) Capital markets regulator SEBI on Friday approved a wide-ranging set of regulatory reforms aimed at improving market efficiency, easing compliance requirements and enhancing investor protection across various segments of the financial markets.The decisions were taken at SEBI’s board meeting and covered key areas including share buybacks, mutual funds, alternative investment funds (AIFs), municipal bonds and the transmission of securities to legal heirs.In a significant mov…