Market regulator Securities and Exchange Board of India (Sebi) has cut the time for the announcement of price band for initial public offers (IPOs) from five days to two.
In a press meet post, its board meeting in Mumbai on Thursday, Sebi chairman Ajay Tyagi also said that the market regulator has tweaked buyback norms and intends to rationalise regulations for foreign portfolio investors (FPIs) and mutual funds.
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"Under the new Regulations, the buy back period has been defined as the period between board
ALSO READ: BSE seeks clarity from Sebi on licensing with Dubai, Deutsche exchanges
"Under the new Regulations, the buy back period has been defined as the period between board