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Sebi weighs changes in share buyback rules, says report

Updated : May 22, 2019 10:20 AM IST

The new recommendation was made after the matter was discussed in the Sebi-appointed Primary Market Advisory Committee (PMAC).
The development comes in the wake of Sebi’s refusal to approve Larsen & Toubro’s buyback proposal back in January.
The move will affect large corporations who will now have to factor their consolidated debts while looking to buy back their shares.
Sebi weighs changes in share buyback rules, says report

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