Regulatory Alerts2025-06-12
SEBI Circular on Revision of Product Advisory Committee Meeting Frequency
The Securities and Exchange Board of India (SEBI) has revised paragraph 2.4.4.i of the Master Circular for the Commodity Derivatives Segment to modify meeting requirements for Product Advisory Committees (PAC). The updated provision mandates that PACs meet at least twice annually, with a reduced minimum frequency of once a year specifically for agricultural commodities. This circular, effective immediately, requires all recognized stock exchanges to disseminate these changes to their members and publish them on their websites.
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