The SEBI has issued informal guidance whereby it has been clarified that the extant legal framework governing portfolio managers does not envisage investment in/advice on offshore shares and securities which are neither listed or intend to get listed in the recognised stock exchanges.The SEBI has issued informal guidance whereby it has been clarified that the extant legal framework governing portfolio managers does not envisage investment in/advice on offshore shares and securities which are neither listed or intend to get listed in the recognised stock exchanges.taxmann.com Latest Statutory HappeningsRead More
