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SEBI shortens exit window to...

Capital market regulator SEBI has halved...

SEBI shortens exit window to 15 days for AMC control change

Capital market regulator SEBI has halved the load-free exit window for investor to 15 days in case of change in control of AMC. The regulator has asked the AMCs to make necessary changes to facilitate implementation of the same before September.Considering that growth in technological communication has enabled faster dissemination of information to unitholders, a request has been received from industry to review the timeline for exit option window period for change in control of AMC, said SEBI in a circular on Friday.Per SEBI, when the control of...

SEBI shortens exit...

Capital market regulator SEBI has halved the load-free exit window for investor to 15 days in case of change in control of AMC....