SEBI PITCHES FOR ‘PERSON IN CONTROL’ OVER PROMOTER
12
May
SEBI PITCHES FOR ‘PERSON IN CONTROL’ OVER PROMOTER Subject: Economy Context: Markets regulator Securities and Exchange Board of India (SEBI) proposed to rationalise the definition of ‘promoter group’ and move to the concept of ‘person in control’ as well as lower the minimum lock-in periods for promoters and other shareholders after an IPO. […]