Sebi eases compliance requirement for rights issues
The regulator said the abridged letter of offer, application form and other issues material to shareholders can be undertaken by electronic transmission as already provided under the ICDR (Issue of Capital and Disclosure Requirements) norms.
May 06, 2020, 18:18 PM ISTIPOs, bonus issue, share gifts exempted from capital gains tax
The government has exempted genuine equity investments through IPOs, bonus or rights issues by a listed company from long-term capital gains tax even if no securities transaction tax (STT) was paid on the transfers.
Jun 06, 2017, 16:46 PM ISTCompanies garner over Rs 4,500 cr via rights issue
As per data compiled by capital market regulator Sebi, companies have raised Rs 4,549 crore in the first eight months of this year, as compared to Rs 6,514 crore garnered in the entire 2013.
Oct 09, 2014, 16:38 PM IST