Business news · Policy & Regulation · 19 Jun 2026
SEBI's board reinstated open-market share buybacks through the stock-exchange route from August 1, 2026, a year after the route was phased out. Such buybacks must be completed within 66 working days, with at least 40% of the earmarked money used in the first half of the period. The board also allowed mutual funds to use intraday borrowing to bridge pay-in and pay-out timing gaps, aligned securitised-debt rules with the RBI framework and fast-tracked AIF scheme launches. SEBI noted only about Rs 54,000 crore of Rs 5 trillion in outstanding securitised debt is listed.
Open-market buybacks give cash-rich listed companies, including IT services firms and PSUs, a flexible way to return money by buying shares on the exchange over weeks rather than through fixed-price tender offers, which can support prices in weak markets. Stock exchanges and brokers get extra trading volume. The securitised-debt changes help banks and NBFCs that sell loan pools, and intraday borrowing eases settlement operations for asset managers.
Reported by Business Standard — “Sebi board brings back open-market share buybacks; eases debt listing” ↗ on 19 Jun 2026.
NSE stocks, from the last close on or before 19 Jun 2026 to the close on 15 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Financial Services | 125 | -6.3% | 39 of 125 | -0.0 pts |
| All tracked stocks | 804 | -6.3% | 293 of 804 | — |
US inflation is running more than one percentage point above the Fed's 2% goal, and the minutes keep a further increase on the table without naming a meeting. Market pricing, as reported, points to no change in October…
A company's first result after listing is the first set of numbers that was not in its prospectus, and for these four it produced moves of 3% to 20% in a day in opposite directions. The results are for April-June, a…
The close shows where a higher policy rate was priced first: capital-heavy metal producers (Hindalco, JSW Steel, Tata Steel) and borrowers' purchases such as vehicles and homes, where loan costs feed straight into…
The split shows where the market places the cost of dearer money: on businesses whose sales depend on financed purchases (vehicles, homes) and on non-bank lenders that borrow wholesale, rather than on banks, whose…