CatalystIndia
Sebi proposes review of framework for monitoring utilization of issue proceeds
Sebi proposes reviewing issue proceeds monitoring framework, signaling potential regulatory change.
Context
What happened: Sebi invited public comments on recommendations to review rules for monitoring and disclosure of issue proceeds by listed companies. The consultation paper follows a working group report and also covers penalties for non-compliance and related-party transaction provisions.
Key numbers: Comments due by November 3, 2026.
Why it matters: The proposals could change how listed companies are monitored on use of issue proceeds, with penalties and related-party provisions also under review.
What changed
Sebi proposes reviewing issue proceeds monitoring framework, signaling potential regulatory change.
Why it matters
Sebi proposes reviewing issue proceeds monitoring framework, signaling potential regulatory change. — impact context not separately stored; see What changed.