EDs/Consultation papers International Update

EDs/Consultation papers updates

Updates from SEBI

Consultation paper on framework for price discovery of shares of listed Investment Companies (ICs) & listed Investment Holding Companies (IHCs)

Currently, shares of a few listed ICs or IHCs are getting traded less frequently but at a price which is significantly lower than the book value disclosed by the listed entities in their last audited financial statements.

SEBI, vide a draft circular dated 19 April 2024, has proposed a framework for price discovery of shares of listed ICs and listed IHCs whose market price is at a significant discount as compared to book value.

The comment closed on 10 May 2024.

To access the text of the consultation paper, please click here