Cong asks Sebi to ensure FPI ownership disclosure, JPC in Adani group case
The Congress on Thursday demanded that SEBI should ensure complete disclosure of ownership of Foreign Portfolio Investors from retrospective effect and said that only a JPC can investigate to ascertain who diluted and then removed the very rule in this regard to benefit the Adani group.
The demands came a day after capital markets regulator Securities and Exchange Board of India (SEBI) proposed mandating additional disclosure around ownership of high-risk Foreign Portfolio Investors (FPIs), to enhance trust in the Indian securities markets.
