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Sebi to put on a roadshow abroad

A team led by G Mahalingam to visit investors in United States, United Kingdom, South Africa

Sebi
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Proceedings have been approved under the takeover regulations and relevant provisions of the Sebi Act, the market regulator has told the Delhi High Court

Ashley Coutinho Numbai
The Securities and Exchange Board of India (Sebi) will embark on overseas roadshows next month to meet large foreign portfolio investors (FPIs) with an aim to tell them about the reforms undertaken by the regulator in the last few years and get feedback.

The regulator will visit countries such as the United States (US), the United Kingdom (UK), and South Africa, and meet the securities’ regulators of these countries. The team will be led by whole-time member G Mahalingam.

The roadshow assumes significance after India’s move to ban high-value notes and a spate of changes in tax treaties with countries such as

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