INDIA MARKET LENS

SEBI CAS: Framework revised; auction window set, reference price calculation for eligible securities changed - Details

SEBI is in focus.

· LiveMint Markets

SEBI has revised the Clearing and Settlement mechanism, changing the auction window and how reference prices are calculated for eligible securities. The update aims to streamline the process and clarify how these securities are handled.

  • With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.