*SEBI Meeting Concludes*.
1) Disclosure by listed entities of defaults on payments of interest or repayment in principal listed entities in 30 days.
2) SEBI revamps the rights issue process. The right issue timing trimmed at 31 days from 58 days.
3) Net worth requirement of portfolio managers enhanced from Rs 2 cr to Rs 5 cr.
4) Existing portfolio managers to meet enhanced requirement within 36 months.
5) The PMS ticket size raised to Rs 50 lakh from Rs 25 lakh
(Decisions taken from SEBI majorly expected from market)