The Securities and Exchange Board of India (SEBI) on February 27, 2024, issued a consultation paper on proposals to improve the ease of doing business with respect to the additional disclosure framework for FPIs to seek comments/ views/ suggestions from the public on two proposals to amend the additional disclosure framework for FPIs specified under the August 24, 2023 circular.
The following proposals have been provided:
• Exemption from making additional disclosures to university funds and university related endowments
• Exemption in case of companies with no identified promoter and low FPI holdings
Considering the implications of the aforementioned matters on the market participants, public comments are invited on the above proposals. The comments/ suggestions should be submitted by March 08, 2024, through the following link:
https://www.sebi.gov.in/sebiweb/publiccommentv2/PublicCommentAction.do?doPublicComm
