SEBI revises Offer For Sale framework through the Stock Exchange Mechanism
The facility of OFS of shares shall be available on the Bombay Stock Exchange(BSE), National Stock Exchange (NSE), and Metropolitan Stock Exchange of India (MSEI)
Introduction of futures contracts on Corporate Bond Indices
The stock exchanges desirous of introducing futures contracts on Corporate Bond Indices shall submit a detailed proposal to SEBI for approval, inter alia, providing details relating to the underlying corporate bond index, the index methodology, contract specifications, applicable trading, clearing & settlement mechanism, risk management framework, the safeguards to ensure market integrity, investor protection, surveillance systems.
