SEBI Extends FPI Disclosure Norms Deadline
On 24th January, 2024, the Securities and Exchange Board of India (SEBI) extended the time frame for Foreign Portfolio Investors (FPIs) to reveal details about all entities with ownership, economic interest, or control in the FPI.
- Foreign portfolio investors (FPIs), who are mandated to liquidate their holdings as per the Securities and Exchange Board of India’s (SEBI) January, 2024 end deadline, will get seven months more to provide additional disclosures.
- In August 2023, the markets regulator had asked FPIs, who were holding more than 50 per cent of their equity Asset Under Management (AUM) in a single corporate group or with an ....
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