It would allow the buyers and sellers to get shares and money in their accounts one day after the trade takes place
Issues discussion paper proposing radical changes on ownership structures
The Securities and Exchange Board of India (Sebi) has sought comments from the public till January 29 on the proposals
Capital markets regulator Sebi on Friday allowed investment managers of investment vehicles REITs and InvITs to conduct meetings of unitholders through video conferencing and other audio-visual means
Further, exposure to CDS undertaken in these manner will not tantamount to leverage
Sebi has slapped penalties totalling Rs 15 lakh on three entities and also barred them from the securities markets for one year for flouting insider trading rules with respect to the shares of VSL
The notice came after the entities failed to pay the fine imposed on them by the Securities and Exchange Board of India (Sebi)
Also, the stock exchanges have suggested Sebi to launch multiple contracts on same commodity to cater to all value chain participants
Companies had been non-compliant with listing requirements
But regulator says AMCs must shut existing active scheme before offering a passive one
Sebi has barred 8 entities from the securities markets for up to seven years and imposed penalties totalling Rs 11.5 crore on them in a case related to misuse and diversion of clients' funds
The committee, in its report, observed that Kochhar violated bank policies and other rules and regulations
The OFS mechanism will also be available to companies with a market capitalisation of Rs 1,000 crore, Sebi said
The stock exchanges may introduce contracts of up to a tenure of three years
Sebi's decision is aimed at enhancing liquidity in the bond market. It will also give an opportunity to investors to hedge their positions
Electronic Manufacturing Services (EMS) firm Cyient DLM Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an Initial Public Offering (IPO)
The surge comes also amid regulatory recognition of the need to encourage the use of an alternative source of finance for urban bodies
The circular will come into force with immediate effect
In case normalcy is not restored till 2:15 pm, trading hours will be extended till 5:00 pm
It will also use Rs 35 crore for funding the long-term working capital requirements of the company and other general corporate purposes