The Securities and Exchange Board of India (Sebi) has granted a one-time extension for observation letters of public issue companies, valid until September 30, 2026. This move aims to ease fundraising pressures amid geopolitical tensions and market volatility, allowing companies to avoid regulatory duplication and recalibrate issuance plans.
Sebi tightens conflict safeguards with recusal framework
In a significant move, SEBI has established a formal framework for recusal among its senior officials. This code mandates that officials withdraw from matters where