“The policy is favourable for the shareholders, especially the minority ones,” said Nilesh Shah, managing director, Kotak Mahindra AMC. “It gives predictability and clarity to shareholders on how a company will distribute dividends or issue bonus shares.”
Sebi proposes tighter curbs on promotional claims by online bond platforms
Sebi is tightening the reins on advertising practices for online bond platforms, aiming to protect investors from hasty decisions. New rules mandate that promotional content