SEBI’s Press Release on Transfer of securities only in demat form- Deadline extended till April 1, 2019

Securities and Exchange Board of India (SEBI) has decided that except in case of transmission or transposition of securities, requests for effecting transfer of securities shall not be processed unless the securities are held in the dematerialized form with a depository. This measure was to come into effect from December 5, 2018. Subsequently, SEBI has […]

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Notification on ECB Policy – Review of Minimum Average Maturity and Hedging Provisions

The extant provisions on External Commercial Borrowing (ECB) in consultation with the Government of India, has amended the following provisions: i. Minimum average maturity: Minimum average maturity requirement for ECBs in the infrastructure space raised by eligible borrowers has been reduced from 5 years to 3 years and ii. Hedging requirements: Average maturity requirement has been reduced […]

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