'Sebi expert panel not in favour of deferring new related party rules'

Sebi's Primary Market Advisory Committee (PMAC) met again on March 23 to discuss the requests of the industry associations, which had made representations on March 16 to the expert panel headed by Mohandas Pai, chairman, Manipal Global Education Services. The regulator had asked the PMAC to examine the issues faced by companies in implementing the new rules.

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