Sebi has revised the securities transmission framework for investors. A fast-track mechanism is introduced for small-value claims. Documentation requirements are simplified, and probate of a will is removed. Claims up to ₹10 lakh in physical and ₹30 lakh in demat form are covered. This aims for a more efficient and investor-friendly process.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.