Commentary on SEBI Consultation Paper on “Review of the Regulatory Framework of Promoter, Promoter Group and Group Companies as per Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018”
Lead author · Corresponding
Abhay Dev Sharma
Student at Bennett University, India
Abstract
On May 11, 2021, the Securities and Exchange Board of India (“SEBI”) released a consultation paper to examine the regulatory requirements of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”) relating to promoters and promoter groups. The released consultation paper examine the regulatory requirements of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“ICDR Regulations”) relating to promoters and promoter groups. This commentary gives analysis of the paper along with effect on the promoter and investors along with the impact of the new proposed laws on the general market. The commentary also includes the suggestion of the author.
Keywords
SEBI Regulations
Promoter Groups
Statutory Framework
Issue of Capital
Disclosure Requirements
This is an Open Access article distributed under the terms of the Creative Commons Attribution–NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.