The rules are intended to ensure control and ownership stay "well-diversified" and major shareholders are 'fit and proper'.
January 18, 2023SEBI is allowing non-promoter shareholders such as institutional investors to sell their shares for better pricing via the ‘offer for sale’ mechanism.
January 13, 2023On opening day, green bonds from food and beverage brand Pran Agro Limited and shares in LankaBangla Securities were listed for trading.
January 10, 2023The revisions impose stronger corporate social responsibility obligations and require shareholders to make capital contributions if a company cannot repay its debts.
January 8, 2023The rule will require takeover bidders to offer minority shareholders an opportunity to sell their shares in a corporate merger or acquisition.
December 30, 2022Nasdaq will reportedly not allow certain IPOs to proceed until it can address concerns about large stock rallies seen by some Chinese issuers.
October 25, 2022The FSC is seeking to strengthen controls around the interactions and communications between financial institutions and their major shareholders.
October 24, 2022Foreign-funded multinational groups can directly establish domestic finance companies to provide financial services to their member units in China.
October 20, 2022The rule changes relax some restrictions on share buybacks, enabling listed companies to better support their stock prices.
October 19, 2022Board members and principal shareholders will be required to disclose information about planned stock trades least 30 days before the expected trading date.
September 15, 2022