The Securities and Exchange Board of India (SEBI) has removed the requirement for issuer companies to deposit 1% of their public issue size with designated stock exchanges, effective immediately. This decision aims to facilitate easier business operations for these companies. SEBI also instructed stock exchanges to establish a standard operating procedure for the release of previously deposited security amounts. Additionally, SEBI has amended the Alternative Investment Fund (AIF) rules, ensuring that investors share risks and benefits based on their investment ratios. These changes aim to enhance transparency and investor rights within the financial landscape.

Read the full article here