Sebi also eased rules for registration of foreign investors by categorising them into just two from three now and allowed easier transfer of shares by these entities in case of unlisted companies or stocks which are illiquid or suspended from trading. The Sebi chairman also hinted at a delay in implementation of the government proposal to hike minimum public shareholding limit to 35% from the current level of 25%.
from Times of India https://ift.tt/2Z66o05
Wednesday, 21 August 2019
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