Sebi weighs cash benefit distribution via depositories

Sebi weighs cash benefit distribution via depositories

FPJ BureauUpdated: Thursday, May 30, 2019, 01:08 PM IST
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New Delhi : In an effort to improve investor experience, capital market watchdog Sebi is considering a proposal to distribute cash benefits through depositories.

 “Sebi is considering a proposal for distributing cash benefits through depositories,” the markets watchdog said in its annual report for 2016-17.

A consultation paper in this regard was placed for public comments in April this year. The regulator had sought views of all stakeholders till May 5.

The move will help in bringing Indian markets at par with most developed markets where depositories usually distribute cash benefits to investors.

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