Recent amendments introduced by SEBI

Aug 17, 2021

The Securities and Exchange Board of India (SEBI) recently approved changes to a number of regulations, which inter alia introduced stringent norms for independent directors, approved a shift away from the concept of “promoters”, and relaxed lock-in requirements in respect of promoter shareholding.

Kritika Agarwal and Rahul Datta have released an analysis of these amendments and what they imply for market participants.

Read the full update here.

About the Author

Kritika-Agarwal

Kritika Agarwal has over 9 years of experience in general corporate, mergers and acquisitions, competition law, intellectual property, pharmaceutical and information technology laws, and has advised on domestic and cross-border mergers and acquisitions, joint ventures, private equity investments, foreign direct investments and financing transactions.  Kritika also advises on competition law aspects of several domestic and cross-border acquisitions.


Rahul Datta is an associate with Majmudar & Partners since 2018.

More Insights

AI in Indian courts – a slow start

Download .pdf Generative Artificial Intelligence (“AI”) technologies, such as ChatGPT, are often celebrated as transformative forces across various sectors, and are often even perceived to challenge the necessity of human involvement in such sectors.  Nevertheless,...

read more

How a clerical error led to substantial tax litigation

In a recent ruling, the Gujarat High Court dismissed the Indian tax department’s appeal allowing the taxpayer to rely on a beneficial double taxation avoidance agreement provision previously denied due to a mere clerical error in Forms 15CA and 15CB.

read more

Litigation Funding Agreements – Are they valid in India?

Download .pdf The UKSC’s decision On July 26, 2023, the United Kingdom’s Supreme Court (the “UKSC”), in the matter of R (on the application of PACCAR Inc and others) (Appellants) v. Competition Appeal Tribunal and others (Respondents), [2023] UKSC 28, held that...

read more
Share This