The SEBI Board held its meeting in Mumbai on 06.08.2021, under the chairmanship of Shri Ajay Tyagi.
The key decisions taken by the Board include:
• Relaxation of the lock-in requirements for promoter shareholding in terms of IPO/FPOs;
• The merger of Share Based Employee Benefits and Sweat Equity Regulations;
• Reduction in disclosure requirement at the time of IPO;
• Review of SEBI (LODR) Regulations, 2015; and
• Rationalisation of compliance requirements for AIFs.
This write-up aims to highlight key takeaways of the decisions taken by the SEBI Board. Drafted by Taxmann’s Editorial Team
