Sebi mulls relaxation in timelines for FPIs' material change disclosures
Thu, Feb 8, 2024 2:17 PM

Sebi mulls relaxation in timelines for FPIs' material change disclosures

A Flip by Shubhangi Gupta
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Sebi has proposed relaxed timelines for FPIs to report material changes, categorizing them into Type I and Type II. Type I changes require reporting within 7 working days and Type II changes require notification within 30 days. The regulator also suggested measures for dealing with securities after FPI registration expires, as there are no guidelines currently in place.

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