Sources said many individual investors were interested in applying for the NFO, due to additional benefits being offered such as upfront discounts and loyalty bonuses.
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The ETF is expected to fetch the govt Rs 3,000 crore.
With Maruti Suzuki refusing to go back on the plan, these investors have approached the Securities and Exchange Board of India, which is examining the possibility of taking action under Section 11 of the Sebi Act.
The Union finance ministry has sought views of the Securities and Exchange Board of India (Sebi) for setting up a 'social bourse.'
Sebi has pushed for better corporate governance of listed companies through measures such as the need for a succession policy
Regulator believes Jet Airways deal triggers open offer
Exchange-traded currency futures volume down 80% since Jun
The Reserve Bank of India (RBI) allowing the use of put options in investment agreements has brought needed clarity but it has come with strict restrictions. These could impact investors looking for a minimum rate of return, experts say.
Market sentiment around the stock has continued to be positive on the back of improving outlook for the US economy and anticipated weakness in the rupee.
The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.
Also keenly watching inflation numbers, with wholesale inflation data expected today
Can only suspend non-compliant companies at present owing to a lack of jurisdictional clarity.
It sets up internal panel to iron out issues companies face with delisting regulations.
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
Three closed-ended equity schemes have been launched in the past month or so and another is set to open soon for subscription.
Regulator seeks clarification on transfer of convertible debt after merger
Armed with fresh powers to conduct search and seizure operations and attach properties and bank accounts, the Securities and Exchange Board of India (Sebi) is going all out to use these effectively.
The progress on US debt ceiling talks, domestic inflation numbers and second quarter earnings of companies are expected to keep investors busy in the truncated trading week ahead.
Reliance Power is at odds with the Securities and Exchange Board of India (Sebi) over the restructuring process involving its fully-owned subsidiary, Reliance Clean Power.
These investors have pumped in about Rs 6,900 crore (Rs 69 billion) in the seven trading sessions after the Federal Open Market Commission meet.
