Explained! Sebi proposes sweeping changes to buyback framework. 7 things to know

India’s securities regulator, SEBI, is proposing major shifts in company share buybacks. Open market buybacks are set to return, and the mandatory involvement of merchant bankers may be reduced. Safeguards for promoter shareholding and minimum public shareholding are also being tightened. These changes aim to simplify business operations while enhancing investor protection.