Archive · 19 Jun 2025
Sebi Approves Regulatory Overhaul for Capital Markets
Sebi, India's financial regulator, made several rule changes to make it easier to invest and do business.
Founders of startups can keep their stock options.
Government-owned companies can delist more easily.
Funds can offer new ways to invest, and rules were relaxed for those who invest in government bonds.
These changes aim to streamline processes and attract more investment in India.
Sebi introduced regulatory changes to ease operations across capital markets.
Promoters can retain employee stock options (Esops) if granted a year before the DRHP filing.
PSUs with 90%+ government stake can delist without public shareholder approval.
Category I and II AIFs can now offer co-investment schemes (CIVs).
Sebi eased compliance norms for foreign portfolio investors (GS-FPIs) investing in government securities.
- Who
- Sebi, investors, startups, and financial institutions.
- What
- Regulatory changes and decisions made by Sebi.
- When
- Recent Sebi board meeting.
- Where
- India.
- Why
- To ease business operations and bolster the capital market.
Minority Shareholders
Government/PSUs
Delisting PSUs
Minority Shareholders
Dilution of protections.
Government/PSUs
Streamlined delisting process.
- Regulatory Body
- Securities and Exchange Board of India (Sebi)
- Meeting Number
- 210th Board Meeting
- Key Changes for Startups
- Promoters can retain Esops.
- PSU Delisting Rule
- 90%+ Government stake, no 2/3 shareholder approval required
- AIF Change
- CIVs allowed for Category I & II AIFs
- GS-FPI Changes
- Eased compliance norms
Sources
Sebi shelves clearing corporation separation plan, focuses on unbundling charges
SEBI introduces special measures to facilitate voluntary delisting of certain PSUs
India Ends Expiry Day War of Bourses, Says No More Changes
Time to lift squeeze on squeeze-outs
