SEBI Proposes Re-introduction of Open Market Buybacks Under Revised Tax Framework

SEBI Proposes Re-introduction of Open Market Buybacks Under Revised Tax Framework The Securities and Exchange Board of India (SEBI) has issued a consultation paper inviting stakeholders’ feedback on its proposal to reintroduce buybacks of shares in the open market. Reason for Discontinuation of the Open Market Buyback From April 1, 2025, the practice of companies…