SEBI has issued clarifications to the Guidelines for Disclosure and Investor Protection in the recent past in order to strengthen the disclosure norms and bring out the reforms in the Primary Market
In view of the strategic importance of infrastructure projects, the Board has also decided to grant specific relaxations for Public Issues by infrastructure companies. These relaxations are being provided under part C of this clarification.
All custodians are advised to ensure compliance with the instructions contained herein above. Non-compliance would be viewed seriously and may result in disciplinary action against the custodian.
As per the SEBI (Foreign Institutional Investors) Regulations, 1995 Amendment dated May 18, 1998, the Foreign Institutional Investors (FIIs) are permitted to invest in Treasury Bills. This avenue of investment is available to FIIs investing through 100% debt route as well as to FIIs investing through the equity route where upto 30 % investments can be made in debt instruments.
