Top economic news of the day

India Infoline News Service | Mumbai |

Retail investors will now get a 10% reservation in an offer for sale by listed companies and they may also be given discounts by entities selling shares through this mechanism

The government has allowed infrastructure finance companies to issue secured debentures with a tenure of up to 30 years, a move that will help in raising long-term funds for the sector. (BS)

Retail investors will now get a 10% reservation in an offer for sale by listed companies and they may also be given discounts by entities selling shares through this mechanism. Besides, non-promoter shareholders with more than a 10% can sell their shares through OFS, according to a proposal cleared by the Securities & Exchange Board of India. (ET)

Capital market watchdog Sebi finalised an easier set of regulations for employee stock option schemes that among other things would classify ESOP Trusts as a separate category of shareholding entities. (ET)
 

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