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.
Hair-Raising Video Of Tiger Chasing And Capturing Deer In Udham Singh Nagar Surfaces; Watch
Maratha Reservation Protest Day 4: Man Seen Lifting Bike At CSMT Amid Road Blockades In Mumbai | VIDEO
Carmakers See Dip In August Sales, Buyers Wait for GST Cut Before Festive Rush
Tara Sutaria Dazzles With Boyfriend Veer Pahariya For Ganesh Chaturthi In ₹4.39 Lakh Tissue Kanjeevaram Saree
