Sebi is likely to grant relief to FPIs with concentrated holdings in Indian companies without a promoter group by exempting them from stricter disclosure requirements if there is no risk of breach of public holding norms. The board may also discuss a proposal to allow AIFs to pledge their shares in infrastructure sector investee companies to enable leverage.
Asset Reconstruction Companies (ARCs) are playing a pivotal role in revitalizing distressed loans and contributing to the financial ecosystem. However, there is a need to secure capital and unlock the potential of the sector. This article explores the historical background of ARCs in India, the importance of allowing High Net Worth Individuals (HNIs) to invest in security receipts issued by ARCs, and the benefits of opening up the sector to private sector participation.