• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

SEBI Reduces Timeline To Complete Rights Issues To 23 Days, Effective From April 7

OMMCOM NEWS by OMMCOM NEWS
March 12, 2025
in Business
SEBI

Mumbai: In a bid to help companies raise capital faster, the Securities and Exchange Board of India (SEBI) has reduced the timeline for completing rights issues to 23 days from 126 days, effective from April 7.

In a circular, the capital markets regulator has also provided flexibility of allotment to specific investors in the rights issue.

“As part of the new framework, in terms of amended Regulation 85 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations), it is being specified that Rights Issues shall be completed within 23 working days from the date of Board of Directors of the Issuer approving the Rights Issue,” said SEBI.

“In terms of Regulation 87 of SEBI ICDR Regulations and in view of the revised timelines, it is being specified that Rights Issue shall be kept open for subscription for a minimum period of seven days and for a maximum period of thirty days,” it added.

The validation of application bids received for subscribing to the shares in Rights Issue and finalisation of basis of allotment shall also be carried out by the Stock Exchanges and Depositories along with the Registrar to the issue.

The provisions of this circular will come into force from April 07, 2025 and will be applicable to the Rights Issues that are approved by the Board of Directors of the Issuer from the date of coming into force of this circular, according to the markets regulator.

Meanwhile, in the upcoming first board meeting under the leadership of newly appointed Chairperson Tuhin Kanta Pandey, the SEBI is slated to discuss several major regulatory proposals.

The agenda on the cards includes UPI-like protections for demat accounts, ensuring the independence of clearing corporations, expanding the scope of qualified institutional buyers (QIBs), and changes in fee collection by research analysts.

To enhance investor security, the SEBI has proposed implementing a system similar to the Unified Payments Interface (UPI) for demat accounts.

(IANS)

Tags: Securities and Exchange Board of India (SEBI)Stock Exchanges
ShareTweetSendSharePinShareSend
Previous Post

Journalists Stage Protest, Boycott Assembly Proceedings Over Mobile Phone Ban In Press Gallery

Next Post

Pakistan Train Hijack: 155 Hostages Rescued, 27 BLA Militants Killed

Related Posts

Business

Set To Invest $15-20 Billion Across Businesses In Next 5 Years: Gautam Adani

June 1, 2025
Business

IndiGo Places Order For Another 30 Wide-Body A350 Aircraft With Airbus

June 1, 2025
Business

India’s GST Collections In May Surge Over 16 Pc To Rs 2.01 Lakh Crore

June 1, 2025
indigo
Business

IndiGo Signs Partnership To Expand Long-Haul Flights To Europe, UK, North America

June 1, 2025
Indian stock markets
Business

RBI MPC, PMI Data, FII Activity, Global Economic Indicators To Drive Stock Market Next Week

June 1, 2025
Business

Indian Bond Market Shines Amid Falling Inflation: Jefferies

May 31, 2025
Next Post

Pakistan Train Hijack: 155 Hostages Rescued, 27 BLA Militants Killed

PM Modi Meets Pravind Jugnauth, Discusses Strengthening Bilateral Ties

Balloon With Pakistan Flag Found In J&K’s Samba

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.