India's market regulator eases fundraising norms for distressed firms

India's market regulator eases fundraising norms for distressed firms

Birds rest on the logo of the Securities and Exchange Board of India (SEBI). REUTERS/Shailesh Andrade/Files

Markets regulator, Securities and Exchange Board of India (Sebi), on Tuesday eased rules for pricing preferential shares issued by distressed firms to raise funds. The measure was first proposed on 22 April through a discussion paper.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter