Sebi brings back stock exchange buybacks, clears faster fundraising route for AIFs

Market regulator Sebi has greenlit several key reforms, including the return of open market share buybacks via stock exchanges, offering companies a faster execution route. Mutual funds will see relaxed intra-day borrowing norms, and alternative investment funds can now raise capital quicker through a new ‘GARUDA’ mechanism. Additionally, Sebi has simplified securities transfer after an investor’s death and aims to boost agricultural commodity derivatives trading.