'Chitra Effect', SEBI brings exchanges & depositories under radar
The main focus of the SEBI board meeting seemed to be about measures to enhance accountability of people within the system, and assessment of risks
The main focus of the SEBI board meeting seemed to be about measures to enhance accountability of people within the system, and assessment of risks
SEBI board also increased the minimum utilisation of the amount earmarked for buyback through the stock exchange route from existing 50% to 75%.
The market regulator has proposed to shift the incidence of tax on buyback from the company to the hands of shareholders.