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SEBI rewrites PMS rulebook, allows IPO, foreign securities and unlisted debt investments

Source: Business Today

At its board meeting on September 24, SEBI approved the SEBI (Portfolio Managers) Regulations, 2026, replacing the existing 2020 regulations. The new framework is aimed at developing the PMS industry, easing compliance, consolidating regulatory provisions and removing redundant requirements.

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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