SEBI WANTS CLEAN OFF-MARKET DEALS

OFF-MARKET DEALS:

These are not routed through the stock exchange clearing house. It involves transfer of shares from
one demat account to another, at a negotiated price and happens at the depository level.

SEBI Proposal

• It plans to make it mandatory for companies to disclose more while placing shares privately  with institutional investors.
• The regulator is also set to tighten norms for reporting block and bulk deals.
• SEBI may also make it mandatory for companies to disclose the list of all institutional investors participating in a qualified  institutional placement.