The regulator would make the amendment to the Sebi (Delisting of Equity Shares) Regulations, 2009.
Banks and financial sector account for over 70% of the issuances in the corporate bond market.
PSUs were given a three-years time to comply with the norms last June.
Company is required to make yearly disclosures with respect to its shareholding pattern, within 30 days of a fiscal year ending March 31.
Regulator seeks to cut listing timeline to 2-3 days.
Sebi also put in place a new mechanism to allow one-time single registration for the depository participants.
Trail commission is paid to a distributor every year on the value invested by a client and varies between 0.2 and 1 per cent.
This is the first time Sebi has ordered the imprisonment of a defaulter since it was given expanded powers last year.
Meanwhile, according to a PTI report, Sebi has asked bondholders to submit their claims by next month along with necessary proof of their investments.
Sebi is also looking at removing the disparity between foreign currency convertible bonds (FCCBs) and convertible bonds issued in local currency.
Rajan added that the RBI has asked the finance ministry for a review of priority sector lending norms.
Sebi to allow loan conversion at a lower price on RBI’s request
The scheme had received all the approvals from market regulator Sebi, and was slated for launch on December 1
A probe by SEBI has found that NVD Solar had raised Rs 595 crore through issuance of fresh equity shares to 1,09,480 entities
The six merchant banks have been asked to pay a fine of Rs 1 crore.
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