Securities and Exchange Board of India (SEBI) has given the green light to reintroduce open market buybacks for companies, effective August 1. This new route allows firms to repurchase shares directly from stock exchanges, a mechanism previously discontinued. The move aims to offer a more efficient and equitable way for companies to return capital to shareholders, complementing existing tender offer methods.
The Securities and Exchange Board of India (SEBI) has approved the reintroduction of open-market share buybacks for companies, effective August 1. This mechanism allows firms to repurchase shares directly from stock exchanges. The move aims to provide a more efficient and…
Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.