INSUBCONTINENT EXCLUSIVE:
Mumbai: In a series of reforms, capital market regulator Sebi's board on Wednesday cleared easing of norms to kick-start startup listings
and allowed mutual funds to segregate distressed assets to safeguard investment returns.
At a meeting held here, the Sebi board also
approved a proposal to expand the offer-for-sale mechanism for reduction of stake in listed companies and relaxed clubbing of investment
limit norms for well-regulated foreign investors.
The expansion of offer-for sale scheme will include all companies with Rs 1,000-crore and
above market-capitalisation
