Sebi has proposed engaging independent external agencies to identify suitable candidates for the appointment of key management personnel at market infrastructure institutions. The NRC will evaluate these recommendations and send them to the governing board and Sebi. The aim is to ensure independence, transparency, and accountability in key managerial appointments. Sebi also proposes a cooling-off period for KMPs and directors to prevent conflicts of interest.
$1.86 billion worth of IPO shares set to unlock in July: Nuvama Report
A substantial $1.86 billion in pre-IPO shareholder lock-ins is expiring in July 2025, potentially altering the ownership structure of several recently listed firms. Nuvama Institutional
June 28, 2025