Shareholders News
Sebi reserves 15% for small investors in share buybacks
The Securities and Exchange Board of India (Sebi) on Tuesday introduced a 15 per cent reservation for small shareholders in buyback offers. The securities market regulator has defined ‘small shareholders’ as those whose value of shares in a particular scrip is less than than Rs 2 lakh.
The reservation will apply to share buybacks through the tender offer route. In the next phase, Sebi plans
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