SEBI mulls new FPI disclosure norms

Jun 5, 2023
  • Author(s) : Manendra Singh
  • In an effort to increase transparency, SEBI has written a consultation paper wanting more disclosures from “high-risk foreign portfolio investors”. SEBI has proposed that FPIs with more than 50% stake in a single stock or group conglomerate will need to reveal ownership details, which have to be given within 6 months.

    CNBC-TV18 TV 18, has done a detailed story “SEBI mulls new FPI disclosure norms” where Manendra Singh, Partner, Economic Laws Practice (ELP) Laws Practice’s views have been sought.

    Tune into the story here: https://rb.gy/nsww1