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Sebi reaches out to market participants; discusses capital raising, disclosure issues

Sebi reaches out to market participants; discusses capital raising, disclosure issues

Regulator Sebi on Wednesday discussed several issues pertaining to raising of capital and corporate debt market with corporates as well as promised to look into the challenges being faced by them due to the COVID-19 crisis.

In a conference call with the Federation of Indian Chambers of Commerce and Industry (FICCI), Sebi Chairman Ajay Tyagi apprised the industry leaders of various steps already taken by the market regulator and promised to look into the issues raised by them.

This was part of the series of meetings that the Securities and Exchange Board of India (Sebi) is having with various stakeholders, the regulator said in a statement.

Sebi had earlier interacted with the Confederation of Indian Industry (CII).

Sangita Reddy and Sunil Sanghai were among the representatives of FICCI who attended the conference call, while Tyagi was also joined by other senior officials from Sebi.

Several issues concerning the industry in light of the lockdown due to COVID-19 were discussed in the meeting. This included raising of capital, corporate debt market and disclosures.

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