New Delhi: Markets regulator Securities and Exchange Board of India (SEBI) has notified new rules to reintroduce share buybacks through stock exchanges, giving companies a faster route to repurchase their own shares in the open market.
Under the rules, companies can carry out buybacks through regular trading mechanisms starting August 1, without a dedicated buyback window. SEBI has also capped the execution period for such buybacks at 66 working days.
The move is aimed at providing listed firms more flexibility in managing capital and returning value to shareholders through the normal market process.
