Sebi has greenlit buyback flexibility for companies, reintroducing open market options via exchanges from August 1. Mutual funds gain relaxed borrowing norms for liquidity, and AIFs will see faster fundraising. These moves aim to boost capital management for listed firms, with buybacks needing completion within 66 days and 40% funds deployed early. Merchant banker appointments are now optional, lowering costs.
Sebi has reintroduced open market buybacks via stock exchanges, effective August 1, granting companies greater flexibility in capital management. Additionally, mutual funds will benefit from relaxed borrowing norms for liquidity, while Alternative Investment Funds can expect…
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