ADVERTISEMENT
SEBI Wants To Clear The Road For White Knights
SEBI proposals to ease capital raising via preferential allotment must be accompanied by tax exemption, experts point out.
07 May 2020, 06:33 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
![NDTV Profit](/icons/timer.svg)
![Photographer: Prashanth Vishwanathan/Bloomberg](https://media.assettype.com/bloombergquint%2F2020-05%2F41a80066-c4a8-4d04-93c1-06641df302f2%2F253196012.jpg?rect=0%2C289%2C3998%2C2249&auto=format%2Ccompress&w=200)
Photographer: Prashanth Vishwanathan/Bloomberg
To help listed companies tide over financial stress and avoid large-scale insolvencies, the market regulator has proposed to ease the preferential allotment rules for capital raising. Listed companies, which meet the eligibility criteria, will be permitted to use this route to raise funds from entities that are not part of the promoter group.Some experts believe that the criteria companies need to meet to qualify as “stressed” needs ...
![](/images/white_gradient.png)
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT