The regulator has given approval for the launch of a Beta version of optional T+0 settlement for 25 specific stocks.
In a positive move for foreign portfolio investors (FPIs), the Securities and Exchange Board of India (SEBI) has exempted certain FPIs from additional disclosure requirements.
FPIs with over 50% of their India equity AUM in a single corporate group are exempt from additional disclosures if their concentrated holdings are in a listed company with no identified promoter, given certain conditions are met.
Furthermore, SEBI has relaxed the timeline for FPIs to disclose material changes, giving them more time and flexibility.
For more information visit at https://happenrecently.com/zepto/?amp=1
