Sebi mulls mandating additional disclosure for high-risk FPIs https://ift.tt/19ilmFK proposals are designed to prevent circumvention of minimum public shareholding requirements and misuse of the FPI route to guard against risks of an opportunistic takeover. The move follows SEBI's difficulty in identifying the beneficial owners of some foreign portfolio investments in Adani stocks, since the existing regulations are lax in identifying their true ownership.
Wednesday, May 31, 2023
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