Single disclosure for listed cos soon: Sebi chief
Says investors will be able to start SIP with as low as Rs250/mth; CII calls for creating a strong bond market
Single disclosure for listed cos soon: Sebi chief
A filing made on one exchange will automatically collate on the other exchange - Madhabi Puri Buch, chairperson, Sebi
Mumbai: Capital markets regulator Sebi Chief Madhabi Puri Buch on Monday said a single disclosure by listed companies on one stock exchange will soon be automatically uploaded on the other bourse.
This comes after the Securities and Exchange Board of India (Sebi) recently proposed sweeping changes to disclosure as well as listing requirements by listed companies based on recommendations from a committee led by SK Mohanty, former whole-time member of Sebi. Speaking at the Special Plenary Session with Sebi on ‘Regulatory Landscape: What is needed for Viksit Bharat?’ at the Financing 3.0 Summit organised by Confederation of Indian Industry (CII) here.
Buch said, “a single filing with the exchange will be a reality very soon”. As part of the proposed changes, a filing made on one exchange will automatically collate on the other exchange, she said. A filing made on one exchange will automatically collate on the other exchange.
