The Securities and Exchange Board of India (Sebi) on Wednesday doubled the monetary threshold for the simplified documentation process for issuance of duplicate securities to Rs 10 lakh from Rs 5 lakh.Sebi’s move follows a consultation paper issued by the market watchdog in November to ease investor compliance and remove inconsistencies. The regulator said the […]
According to SEBI, the latest changes are aimed at reducing compliance burden, speeding up processing and promoting dematerialization while standardizing procedures across listed companies and RTAs | Photo credit: In a bid to ease investor compliance and remove inconsistencies, SEBI on Wednesday doubled the monetary threshold for simplified documentation process for issuance of duplicate securities […]
The Securities and Exchange Board of India (Sebi) on Tuesday proposed to increase the simplified documentation limits for issuance of duplicate securities from Rs 5 lakhs to Rs 10 lakhs. The market regulator believes that the current threshold is too low and no longer reflects current market realities, while imposing avoidable procedural burdens on investors.The […]