Certain aspects of the current framework on SR shares are onerous which delays such issuer companies from raising funds from capital markets.
For violation of market norms, Sebi barred Biocon's Shreehas P Tambe from the securities market for three months.
REITs are transparent, well-governed investment assets for regular dividend income and a far superior way of owning commercial real estate
The minimum application value will be in the range of Rs 10,000-15,000 and trading lot will be of one unit for REIT and InvITs
Sebi also amend mutual funds rules to provide for the investment of a minimum amount as 'skin in the game' in the schemes by asset management companie
Many countries are in the process of introducing SPAC regimes by making suitable amendments to securities and tax laws
"The deferment will help AMCs effectively implement policies in line with the guidelines," said Anand Dalmia, co-founder, Fisdom
SEBI in its order found that Franklin Templeton Asset Management (India) "committed serious lapses/violations with regard to a scheme categorization
Mutual funds allow you to invest small amounts starting Rs 100 – cheaper than a pack of cigarettes
SEBI also appointed a committee to look into a liquidity and stress testing framework for debt mutual funds