The Securities and Exchange Board of India (SEBI) board meeting on June 28 may discuss controversial policies such as regulating total expense ratio for mutual fund houses and increasing disclosures for foreign portfolio investors, among others, highlighted moneycontrol in its report.
Sebi likely to ease IPO norms for large issue in February 17 meeting
New norms likely boost capital market by helping mega issues like LIC’s; regulator to also discuss norms to make independent directors more accountable
IPO
The Securities and Exchange Board of India may make significant changes in the norms for Initial Public Offers (IPOs) to allow a smaller float for large issues, which will help large companies like state-run Life Insurance Corp and tech-based firms.
The new norms, are expected to be discussed on Feb 17 in which Sebi is taking up several important issues including the gold spot exchange, investor charter and strict norms to make independent directors more accountable.