Capital, debt market entities to remain operational during lockdown: Sebi

By: |
April 15, 2020 5:41 PM

Besides, credit rating agencies, debenture trustees, foreign portfolio investors, portfolio managers, alternative investment funds and investment advisers would continue to be exempted.

This will continue to remain in force in all parts of the country till May 3, the regulator said.This will continue to remain in force in all parts of the country till May 3, the regulator said.

Regulator Sebi on Wednesday said entities providing capital and debt market services will continue to remain operational during the nationwide lockdown extended till May 3 to tackle the Covid-19 pandemic.

Referring to an order issued by the Ministry of Home Affairs, Sebi said the guidelines permit “continuation of certain services, which includes the Securities and Exchange Board of India, the capital and debt market services as notified by the Sebi.”

Accordingly, the regulator-notified entities would continue to be exempted from the nationwide closure, including stock exchanges, clearing corporations, depositories, custodians, mutual funds, asset management companies, stock brokers, trading members, clearing members, depositories participants, registrar and share transfer agents.

Besides, credit rating agencies, debenture trustees, foreign portfolio investors, portfolio managers, alternative investment funds and investment advisers would continue to be exempted.

This will continue to remain in force in all parts of the country till May 3, the regulator said.

On Tuesday, Prime Minister Narendra Modi had announced that the current lockdown will be extended till May 3, saying it is very necessary to contain the spread of the coronavirus pandemic.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Asian shares slip after Wall St’s worst day in a month
2Just Dial shares up 65% in 9 days; firm looks to challenge IndiaMART’s dominance in B2B classifieds 
3Equitas Small Finance Bank IPO: Here’s how to check share allotment status via registrar, BSE website