SEBI poised to reinstate open‑market buybacks with tighter safeguards
At its June 19 meeting, SEBI will likely restore the stock‑exchange route for open‑market share buybacks that was scrapped in 2023. The proposal trims the execution window to 66 days, mandates 40% utilization early, and bans promoter purchases, aiming to speed capital returns while bolstering investor protection.