
Thursday, July 1, 1999
ISE knocks on Sebi door to relax demat code for retail investors
The Inter-Connected Stock Exchange of India (ISE) has made a proposal to Sebi to enable retail investors holding around 500 shares of companies which are in the compulsory demat mode to sell such shares in physical mode.
Connectivity between the depositories may be delayed
Investors are turning restless as connectivity between CDSL and NSDL is likely to be delayed by at least another month, with both sides currently developing an interface software.
Prudential ICICI, Canbank MFs to launch gilt funds
Prudential ICICI and Canbank Asset Management Company's have filed their prospectus with Sebi for a gilt fund. Both the Prudential and Canbank gilt schemes are proposed to be open-ended dedicated gilt schemes.
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