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New norms proposed for listed firms divesting stake in units

Last Updated: Tuesday, February 25, 2014, 15:43

Listed companies will soon have to seek the approval of shareholders to divest shares in subsidiaries that bring in more than one-fifth of annual consolidated income.

Sebi rejigs primary market advisory panel

Last Updated: Friday, September 14, 2012, 16:11

Capital market regulator Sebi has reconstituted its Primary Market Advisory Committee (PMAC) which advises it on issues related to regulation and development of IPOs and other primary market segments.