Sebi board clears frameworks for gold, social stock exchanges
Markets regulator Sebi has approved a slew of reforms, including frameworks for gold and social stock exchanges.
Markets regulator Sebi's board on Tuesday approved a slew of reforms, including frameworks for gold and social stock exchanges.
Besides, the regulator has decided to relax eligibility requirements related to shares having superior voting rights, Sebi Chairman Ajay Tyagi said in a press conference after the board meeting.
See Zee Business Live TV Streaming Below:
On the social stock exchange, Tyagi said a proposal has been cleared for the creation of this exchange for fundraising by social enterprises.
Tyagi further said he cannot specify the timeline for such exchange, and will coordinate with the government to take it ahead.
The board also cleared a proposal to amend de-listing framework after an open offer.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
07:49 PM IST