SEBI introduces a share freeze mechanism for promoters during buybacks, ensuring compliance before implementation on August 1.

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…

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…