New Delhi, September 8 (HS): The Securities and Exchange Board of India (SEBI) is set to hold its board meeting on September 12, where several critical regulatory proposals are expected to be approved, with a sharp focus on enhancing ease of doing business.
According to sources, the agenda includes discussion on granting equity-like treatment to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). The board may also clear regulations on strategic investments in REITs and InvITs, along with new disclosure rules for related-party transactions based on turnover thresholds. Additionally, measures to expand the scope of credit rating agencies’ operations, revisions in stock broker regulations, and a review of Registrar and Share Transfer Agent (RTA) regulations are on the table.
One of the major reforms likely under consideration is a relaxation allowing large IPOs to offload lower promoter stakes, as well as amendments to increase anchor investor participation. If approved, the share reserved for anchor investors could rise from the current 33 percent to as much as 40 percent in public issues sized between ₹250 crore and ₹500 crore. Furthermore, a dedicated 7 percent quota for insurance companies and pension funds within anchor allotments may be introduced.
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Hindusthan Samachar / Jun Sarkar
