MoneycontrolDec 20, 2022Sebi board likely to propose changes in share buyback norms: ReportThe board of financial markets regulator Securities and Exchange Board of India (Sebi) is likely to introduce sweeping changes related to share buyback rules, tighter disclosure rules for listed companies, and stronger governance at market infrastructure institutions, in its meeting tomorrow, The Economic Times reported on December 19.The proposal for change in share buyback norms is based on the findings of Keki Mistry's report as these are prone to misuse, according to the ET. SEBI had set up a sub-group under the chairmanship of Keki Mistry to propose changes to the process of buybacks from the open market to make it more efficient and shareholder-friendly.Read more at Moneycontrol
The board of financial markets regulator Securities and Exchange Board of India (Sebi) is likely to introduce sweeping changes related to share buyback rules, tighter disclosure rules for listed companies, and stronger governance at market infrastructure institutions, in its meeting tomorrow, The Economic Times reported on December 19.The proposal for change in share buyback norms is based on the findings of Keki Mistry's report as these are prone to misuse, according to the ET. SEBI had set up a sub-group under the chairmanship of Keki Mistry to propose changes to the process of buybacks from the open market to make it more efficient and shareholder-friendly.Read more at Moneycontrol
