Notice period for book closure date reduced

 In a circular to stock exchanges today, Sebi said that it would consider further reduction in the notice period after seeking feedback from the market place.

 Currently, companies have to give prior intimation of 30 days to the stock exchanges, about their book-closure/ record date for dematerialised securities and a notice period of 42 days in case of securities in physical form.

 The Sebi circular said,