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SEBI board meeting LIVE updates: Check out key regulatory changes being discussed today as SEBI addresses crucial issues, including conflict of interest allegations against Chairperson Madhabi Puri Buch.
SEBI Board Meeting Underway
The Securities and Exchange Board of India (SEBI) is conducting its first board meeting since the allegations raised by Hindenburg Research against Chairperson Madhabi Puri Buch. These allegations, which include accusations of conflicts of interest and employee complaints, have brought significant attention to today’s meeting.
Employee Concerns Highlighted
The meeting comes after nearly 300 SEBI employees sent a letter to the Finance Ministry, expressing concerns over a “toxic work culture” under the current administration. The board is expected to address these pressing issues during the session.
Discussion on Conflict of Interest
A key point on the agenda is to address the conflict of interest accusations. Sources indicate that this session will focus on these claims and potentially implement measures to prevent similar issues from arising in the future.
New Product Briefing for Mutual Funds
In addition to addressing internal issues, the SEBI board is also set to discuss new product offerings for mutual funds and portfolio management services (PMS). These developments are expected to shape SEBI’s regulatory framework in the coming months.
