Markets watchdog Sebi on Friday cleared a slew of proposals, including new regulations for share-based employee benefits and sweat equity, as well as decided to amend norms for alternative investment funds.
Besides, the regulator will reduce the minimum lock-in period for promoters post an Initial Public Offer (IPO) and also facilitate ease of doing business with respect to market infrastructure institutions.
Among others, it has been decided to amend takeover regulations by doing away with certain disclosure obligations for acquirers and promoters.
The decisions were taken during the meeting of Sebi's board here on Friday.
Rakul Preet Singh Suffers Serious Injury After 80 Kg Deadlift Without Belt, Actress On Bed Rest
Top 5 Stocks For October 16: Oberoi Realty, Cochin Shipyard, Raitel & Others In Focus
Kylian Mbappe Labels Rape Reports 'Fake News', Representatives Calls Allegations 'False' And 'Slanderous'
Mumbai Weather Today: IMD Predicts Post Monsoon Showers; Air Quality Declines
