loading
loading
The Securities and Exchange Board of India (Sebi) is expected to release a consultation paper for feedback on possible relaxation of the regulations that require FPIs above a certain asset size or having concentrated equity exposure to a company or a corporate group to share granular details of investors in the funds. Also Read: Govt seeks investor and expert views on LTCG and STT as it reviews capital market levies amid FPI exodus One of the suggestions includes fixing a low threshold equity holding in a company below which an FPI would not have to give details of their investors even if the fund is focused on one or two firms or group. UBO Details Also, it has been proposed that FPI with concentrated investments in professionally-run companies with no identifiable promoters and public sector undertakings should be exempted from additional disclosure requirements. The Sebi spokesperson did not comment on the matter. Under the additional disclosure regulations, which came in the wake of US firm Hindenburg Research's allegations against the Adani Group, an FPI is required to reveal the ultimate beneficial owners, down to the last natural persons, of all investors in the fund if it crosses either of the following thresholds: (1) if more than 50% of the India equity assets under management is in a company or a single corporate group; (2) if a fund's AUM in Indian equities is ₹50,000 crore or more. The disclosure rule also kicks in if multiple FPIs having common ownership or control together breach the limits. Also Read: Retail investors return to equities with Rs 10,572 crore buying in September A source said, "While Sebi has till now exempted certain FPIs like sovereign funds, public retail funds, and university funds, but those who want to focus on a few stocks as per their strategy are caught in the detailed disclosure rule. Some rationalisation, particularly, deciding an FPI's maximum holding in a company under which the fund could be spared from additional disclosures." Among other things, the rules are aimed at preventing violation of minimum public shareholding regulation by restraining promoters or connected entities from using FPIs to mask concentrated holdings; sidestepping takeover norms; and blocking circumvention of Press Note 3 which requires government approval for investments from land-bordering countries. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
document fetched 2026-10-28 02:53