Business Standard

Monday, December 23, 2024 | 08:32 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Sebi lets MFs to segregate distressed assets, eases norms to list start-ups

A Sebi board meeting in Mumbai also approved a proposal to expand the offer-for-sale mechanism for reduction of stake in listed companies and relaxed clubbing of investment limit norms for well-regula

funds
Premium

Press Trust of India
Capital market regulator Sebi board on Wednesday eased norms to start start-up listings and allowed mutual funds to segregate distressed assets to safeguard investment returns.

A Sebi board meeting in Mumbai also approved a proposal to expand the offer-for-sale mechanism for reduction of stake in listed companies and relaxed clubbing of investment limit norms for well-regulated foreign investors.

The expansion of offer-for sale scheme will include all companies with Rs 1,000-crore and above market-capitalisation. 

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in