Moneycontrol PRO

business

Open offer on strategic partner; more control on CIS: Sebi

CNBC-TV18‘s economic policy editor Siddharth Zarabi reports, quoting sources, the Sebi has mandated that any listed entity with a strategic partner should announce an open offer. Zarabi adds that according to a Cabinet ordinance, the market regulator is to have more control collective investment schemes.

first published: Jul 17, 2013 08:32 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347