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Policy● Neutral for Indian equities
SEBI to issue Closing Auction Session framework after receiving over 3,500 comments
The brief
- SEBI will examine the responses before proceeding with the framework
- The regulator received more than 3,500 comments on the proposed mechanism
- The framework may change closing-price processes for Indian stock exchanges and listed companies
- SEBI developing second surveillance system to flag bad actors at listed firms and small IPOs
- SEBI may keep independent director workshops voluntary
- Cheaper, fresh-issue IPOs deliver stronger gains for investors who hold on
- SEBI relies on amended rules in Embassy REIT ‘Fit and Proper’ matter, tells Bombay HC no disqualification made out
- ESDS, Lumino, Purple Style Labs: 18 IPO stocks facing anchor lock-in expiry in October - Check full list
SEBI's Closing Auction Session framework
SEBI received more than 3,500 responses to its proposed Closing Auction Session framework. Chairman Tuhin Kanta Pandey said the regulator would quickly move ahead with the proposals after examining the responses.
Saturday, 3 October
- SEBI to issue Closing Auction Session framework after receiving over 3,500 comments