SEBIIf you were left behind by SEBI’s whirlwind of activity last week do not fret: the Indian Corporate Law blog has a crash course in SEBI reforms.
V. Umakanth summarises SEBI’s primary market reforms neatly and succinctly. Most noticeably they include:1. The new concept of “anchor investors”,
2. simplifying the rights issue process, and
3. banning “superior voting rights” for listed company shares.
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