Friday, July 13, 2018

Use PAN to ensure compliance by single portfolio investor during primary market issuance; SEBI to RT

SEBI has directed registrar and share transfer agents to use PAN to ensure compliance by single portfolio investor at time of finalization of basis of allotment during primary market issuance. Further SEBI called for obtaining validation from depositories for the FPIs who have particularly invested in primary market issuance to ensure there is no breach of invest limits.

from taxmann.com News https://ift.tt/2LfOugr

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