The SEBI Board convened on 6th August 2021, approving several significant regulatory changes. These include merging employee share-based benefit and sweat equity regulations into a single framework, offering more flexibility to companies. The board also relaxed lock-in requirements for promoters and other shareholders during IPOs and reduced disclosure obligations. Amendments were made to SEBI (AIF) Regulations to enhance investment flexibility and streamline processes for Alternative Investment Funds. Additionally, changes were approved for LODR Regulations and SAST Regulations to facilitate ease of doing business.
On 06th August2021, the Board of SEBI met in Mumbai. In the said meeting, the Board took the following decisions:
New SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
The Board considered and approved the merger of SEBI (Issue of Swe
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