Now trading in share market will become easier, SEBI has approved many measures

Regulator SEBI on Friday approved several measures to make trading in the stock market better and easier. This includes providing exemptions to foreign portfolio investors (FPIs) and entities looking to raise funds through initial share sales. The SEBI board approved the proposals during its meeting on Friday.

The regulator has decided, among other things, to waive the requirement of a one per cent security deposit in rights or public offerings of equity shares and to allow for flexibility in extending the offer closing date in the event of a force majeure, according to a release from Sebi.

The Board's actions are an attempt to make it easier for businesses looking to raise money and go public to do business. Apart from this, the Board has also approved relaxation in the timeline for disclosure of material changes by FPIs. The Board authorised the introduction of the Optional T+0 settlement's beta version, albeit with a restricted number of brokers and 25 shares, after considering input from stakeholders.

The release further said that 'in parallel to this, SEBI will continue to hold further consultations with stakeholders including users of the beta version.' Further, the regulator will review the progress at the end of three months and six months from the date of this implementation, and decide on further action.

SEBI also approved various relaxations for foreign portfolio investors (FPIs) intending to improve the ease of doing business.