May 19, 2025 07:47 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Rahul Gandhi targets Jaishankar over Op. Sindoor again, BJP says LoP speaking Pak language | Supreme Court orders SIT probe into Madhya Pradesh minister's remarks on Colonel Sofiya Qureshi | Bengaluru: Woman killed after wall collapses on her after heavy rainfall | Pak forces targeted Golden Temple after India conducted Operation Sindoor: Army | YouTuber Jyoti Malhotra, arrested for 'espionage', travelled to Pakistan ahead of Pahalgam attack | Centre picks Shashi Tharoor to head all-party delegation for 'exposing' Pak-backed terrorism globally | Rape convict, survivor express willingness to get married; exchange flowers in Supreme Court | 'Are nukes safe with irresponsible and rogue nation like Pakistan?': Rajnath Singh questions world | 'Go and apologise': Supreme Court slams Madhya Pradesh minister over remark against Colonel Sofiya Qureshi | 'Can timelines be imposed?': President Murmu's question to Supreme Court on Tamil Nadu verdict
SEBI

SEBI issues consultation paper seeking monitoring of tech firms' fund use for acquisitions

| @indiablooms | Nov 17, 2021, at 01:48 pm

Mumbai/IBNS: Securities and Exchange Board of India (SEBI) has issued a consultation paper focusing on the need to have more monitoring on how new-age tech firms are utilising funds for acquisitions, according to media reports.

In addition, SEBI also sought opinion whether additional disclosures on fund utilisation are needed or if it should need longer lock-in for anchor investors,Money Control reported.

On October 28, SEBI had issued a consultation paper proposing a series of measures to ensure ESG (Environment, Sustainability and Governance) mutual fund schemes act according to their objective, it added.

SEBI wants these mutual funds to define their objective and policy in clear terms as to what they aim to achieve by following an ESG – focused strategy and how it would materially make a difference.

The ESG-focused MFs must invest only in businesses that are covered under the mandatory Business Responsibility and Sustainability Report (BRSR), SEBI had proposed.

SEBI has sought comments on this ESG consultation paper by November 16, 2021.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu