Sebi’s senior management is opposing a proposed rule mandating public disclosure of their assets and liabilities, citing privacy concerns and potential speculation. A panel recommended these disclosures for officials at chief general manager rank and above to boost transparency. Over 100 officers have raised objections, fearing unwanted attention and scrutiny.
Market rout: 7 of top-10 valued firms see Rs 1.25 lakh crore erosion
The stock continued to remain the most valued listed company in the country despite the decline.