SEBI Approves Major Changes to PMS Regulations, Expanding Opportunities for Investors and FPIs
The Securities and Exchange Board of India (SEBI) has granted approval for a new regulatory framework governing Portfolio Management Services (PMS). This decision, made on September 24, 2026, aims to provide portfolio managers with a broader range of investment options. Key among these are investments in Initial Public Offerings (IPOs), primary debt issuances, and select … Read more