Mumbai, Jan 21: Securities and Exchange Board of India, Indian market regulator will hold a meet on Wedneadsy, Jan 21. It is learnt that the first meet after the Satyam scandal news is out will discuss the issue in detail.
Sources said that SEBI is mulling measures to prevent the reccurence of such scams in the future. SEBI is also planning to peer review of audit of large companies and disclosure of share pledged by the promoters to raise finance. It is believed that SEBI's primary market advisory committee have made a specific recommendation that disclosure of such pledged shares should be made public within 24 hours.
OneIndia News (With inputs from Agencies)
Sources said that SEBI is mulling measures to prevent the reccurence of such scams in the future. SEBI is also planning to peer review of audit of large companies and disclosure of share pledged by the promoters to raise finance. It is believed that SEBI's primary market advisory committee have made a specific recommendation that disclosure of such pledged shares should be made public within 24 hours.
OneIndia News (With inputs from Agencies)
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