Sebi proposes overhaul of buyback rules for listed companies
after close1 source ↓written by the desknot a recommendation
- is capped
- 66 working days
- within the first
- 40% of the earmarked amount
India’s capital markets regulator, Sebi, has proposed significant changes to share buyback regulations, including the return of open-market buybacks through stock exchanges. The duration for these buybacks is capped at 66 working days, and companies must utilize 40% of the earmarked amount within the first half of the offer period. These changes aim to ease compliance for listed firms and enhance market liquidity.
Not investment advice. For informational purposes only.