Capital markets regulator SEBI on Tuesday asked depositories to put in place the operational framework and required system upgrades by August 1 to facilitate the implementation of the newly introduced ISIN-level freeze mechanism for promoter and promoter group holdings during share buybacks.

Capital markets regulator SEBI on Tuesday asked depositories to put in place the operational framework and required system upgrades by August 1 to facilitate the implementation of…

Market regulator Sebi has required tht depositories must implement a new promoter holding freeze mechanism by August 1. This framework will cover ISIN-level freezing and…