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promoter-freeze

SEBI Proposes 66-Day Cap on Open Market Buybacks

SEBI has proposed a 66-working-day cap on open market buybacks, a freeze on promoter share sales during buyback periods, and optional merchant banker appointments. The rules aim to close conflict-of-interest gaps and add timeline discipline to India's most-used share repurchase route.

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promoter-freeze

SEBI proposes tighter framework for open market buybacks, eases compliance norms

SEBI has proposed a 66-working-day cap on open market buybacks, a freeze on promoter share sales during buyback periods, and optional merchant banker appointments. The rules aim to close conflict-of-interest gaps and add timeline discipline to India's most-used share repurchase route.

3mo ago · 3 min · Policy & Government

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