Sebi Tightens Rules on Offshore Derivative Instruments The Securities and Exchange Board of India (Sebi) has banned Foreign Portfolio Investors (FPIs) from issuing Offshore Derivative Instruments ...
or participatory notes (P-Notes), the market regulator says, FPIs have been barred only from issuing ODIs with derivative instrument as the underlying. In a statement, SEBI says, "It is clarified that ...
IREN expects to use a portion of the net proceeds from the offering to fund the cost of entering into the capped call transactions and to fund the cost of entering into the prepaid forward transaction ...