On 10 January 2025, IND SEBI proposed to increase size criteria on disclosure.
- IND SEBI proposed to increase size criteria under additional disclosure framework.
- Follows IND SEBI August 203 issued circular on additional disclosures by FPIs.
Proposal
- Threshold for equity assets under management (AUM) requiring additional disclosures proposed to be upped to INR 50k crores, due to average daily turnover major increase.
- There is no proposed alteration to the existing thresholds or treatment related to concentration criteria designed to enforce minimum public shareholding (MPS) norms as well as SEBI (substantial shareholding and takeover) regulations 2011.
Consultation Period
- The comment period for this consultation closes on 31 January 2025.
