Monday March 11 2013
News Source: Global Exchanges
Focus: Listing Rules
Type: General
Country: India
Link: http://www.sebi.gov.in/sebiweb/home/detail/25447/yes/PR-SEBI-Board-Meeting
The SEBI Board has approved the SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations 2013 thereby providing a comprehensive regulatory framework for issuance and listing of non-convertible redeemable preference shares. The proposed Regulations provide framework for public issuance of non-convertible redeemable preference shares and also listing of privately placed redeemable preference shares.
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