Sebi board clears frameworks for gold, social stock exchanges
sebi, sebi board meeting, sebi on gold exchange, gold stock exchange, sebi on social stock exchange, social stock exchange, gold stock exchange in india, social stock exchange in india, de listing framework in india
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.