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LATEST

Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs●Walmart is selling a 18-karat white gold tennis bracelet for 88% off●Africa’s Growth Belt: A US$1 Trillion Opening for Latin America●Ex-FTX users report funds being released in $900M distribution round●Adam O’Neal Resigns as Washington Post Opinion Editor●‘Very depressing': Retiree turned to credit cards for groceries and racked up $10,000 in debt — and she’s not alone●What does Femi Otedola want?●Tyla Drops Lagos Concert After Xenophobia Backlash●Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs●Walmart is selling a 18-karat white gold tennis bracelet for 88% off●Africa’s Growth Belt: A US$1 Trillion Opening for Latin America●Ex-FTX users report funds being released in $900M distribution round●Adam O’Neal Resigns as Washington Post Opinion Editor●‘Very depressing': Retiree turned to credit cards for groceries and racked up $10,000 in debt — and she’s not alone●What does Femi Otedola want?●Tyla Drops Lagos Concert After Xenophobia Backlash●

Asia

Sebi clarifies off-market sale of unlisted shares to up to 200 buyers not a public issue

Markets-Economic Times · 2h ago · 🇮🇳 India

Sebi clarifies off-market sale of unlisted shares to up to 200 buyers not a public issue

Sebi has stated that off-market transactions involving share sales are distinct from public issues, particularly when current shareholders opt to sell unlisted equity shares privately. A limit of two hundred purchasers per financial year must be adhered to. This clarification was specifically made in response to IDBI Bank's proposed divestment strategies, confirming that such actions are allowed as secondary transactions by existing shareholders.

Read the full story at Markets-Economic Times →

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