In the wake of increased scrutiny of promoters signing side-deals to raise more debt from banks and mutual funds, the Securities and Exchange Board of India (Sebi) on Thursday widened the definition of “encumbrance” to make it more inclusive.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
