SEBI Board Meeting 30 September, 2024 – REITs, InvITs, and market infrastructure institutions - MMJC

Securities and Exchange Board of India (Informal Guidance) Scheme, 2024 will replace the existing Securities and Exchange Board of India (Informal Guidance) Scheme 2003. Under the New scheme regulated entities such as stock exchanges, clearing corporations, depositories and managers of pooled investment vehicles registered with the Board would be eligible to seek informal guidance. For processing of application and monitoring of process a nodal cell is proposed to be formed which would streamline the entire process. Also, the entire process of seeking informal guidance would be through a web-based platform. The application fee and processing fee has been revised from ₹ 25,000/- to ₹ 50,000/- and ₹ 5,000/- to ₹ 10,000/, respectively.

https://www.sebi.gov.in/media-and-notifications/press-releases/sep-2024/sebi-board-meeting_87154.html