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<h1>SEBI Amends Regulation 15 to Ease FII Participation in Delisting and Disinvestment Offers by Government Entities.</h1> The Securities and Exchange Board of India (SEBI) issued the Second Amendment to the Foreign Institutional Investors Regulations, 1995, effective upon publication in the Official Gazette. The amendment modifies regulation 15, sub-regulation (3), clause (c) to include provisions related to the sale of securities by Foreign Institutional Investors (FIIs) in response to offers made under the SEBI Delisting Guidelines, 2003. It also exempts FIIs from certain restrictions when acquiring securities in response to disinvestment offers by the Central or State Governments. This amendment reflects SEBI's ongoing regulatory updates since the original 1995 regulations.