Prohibition on negotiated deals mandates on screen exchange execution; SEBI may allow case-by-case exemptions for PSU disinvestment. Prohibition on negotiated deals mandates that all transactions be executed on exchanges' electronic price- and order-matching systems; exchanges could grant exemptions where scrips reached FII investment limits. SEBI now also may grant case-by-case exemptions to permit off-market dis-investment of Public Sector Enterprises, establishing SEBI discretion for PSU disinvestment alongside exchange-level exemptions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Prohibition on negotiated deals mandates on screen exchange execution; SEBI may allow case-by-case exemptions for PSU disinvestment.
Prohibition on negotiated deals mandates that all transactions be executed on exchanges' electronic price- and order-matching systems; exchanges could grant exemptions where scrips reached FII investment limits. SEBI now also may grant case-by-case exemptions to permit off-market dis-investment of Public Sector Enterprises, establishing SEBI discretion for PSU disinvestment alongside exchange-level exemptions.
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