Firms' private deals with PE companies will need board approval - News Summed Up

Firms' private deals with PE companies will need board approval


The stock market regulator will also widen the scope of investment advisory regulations to include stock brokers and financial product distributors. Sebi is likely to discuss it in its board meeting slated for September 23 dna has reviewed the copy of the board meeting agenda. In this board meeting, Sebi will crack the whip on private treaties between a company's management and private equity players. In the board meeting, the regulator is likely to further ease regulations of Real Estate Investment Trusts (Reits) and Infrastructure Investment Trusts (InvITs). We are likely to take a call in our board meeting this month.


Source: dna September 12, 2016 02:15 UTC



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