SEBI Board Meeting Preview: Expected Relaxations on 18 June
Why in the news
SEBI was expected to approve several relaxations at its 18 June board meeting.
Key facts
| Area | Expected change |
|---|---|
| Government bond FPIs | IGBFPI for VRR and FAR investors; lighter KYC aligned with RBI; NRIs, OCIs, residents may participate |
| PSU delisting | Over 90% government equity: waive 25% public shareholding and two-thirds approval |
| AIFs | Co-investment through separate vehicles |
| REITs, InvITs | Lighter QIP disclosures |
| KRAs | Simpler winding up |
- Eight listed PSUs, such as Haryana Financial Corporation and KIOCL, exceed 90% government ownership.
- The board will also hear policy work on conflict of interest norms for SEBI officials.
Exam angle
- Chairman: Tuhin Kanta Pandey.
- Terms: VRR, FAR, AIF, REIT, InvIT.