Sebi to relax rules for reclassification of promoter as public shareholder
This includes exemption from existing requirements, in cases of reclassification pursuant to an order of the regulator under any law in line with existing exemption already available in cases of resolution plan approved under the IBC
NEW DELHI : Markets regulator Sebi on Thursday decided to ease norms for reclassification of a promoter as a public shareholder.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more