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Single filing with exchange to be reality very soon: Sebi chief Buch
Capital markets regulator Sebi Chief Madhabi Puri Buch on Monday said a single disclosure by listed companies on one stock exchange will soon be automatically uploaded on the other bourse.
This comes after the Securities and Exchange Board of India (Sebi) recently proposed sweeping changes to disclosure as well as listing requirements by listed companies based on recommendations from a committee led by S K Mohanty, former whole-time member of Sebi.
Speaking at a CII event, Sebi chairperson said, "a single filing with the exchange will be a reality very soon".
As part of the proposed changes, a filing made on one exchange will automatically collate on the other exchange, she said.
A filing made on one exchange will automatically collate on the other exchange.
Additionally, Buch said soon investors will be able to start SIP (Systematic Investment Plan) with as low as Rs 250 per month.
"We are on the way of Rs 250 SIP becoming a reality," she said.
Buch avoided commenting on Real E