Smallcase managers expect tax reforms, ESG push, and growth strategies, ET LegalWorld
As India approaches its Union Budget 2025 on February 1, a survey by fintech platform smallcase revealed optimism among investment managers for economic reforms, fiscal discipline, and strategic growth measures. The smallcase managers’ Budget 2025-26 survey, which gathered insights from over 100 investment managers, highlighted expectations for significant tax reforms, a focus on sustainability, and […]
Sebi relaxes on timeline for review of ESG rating on BRSR publication, ET LegalWorld
To promote ease of doing business, markets regulator Sebi on Friday provided relaxation in the timeline for review of ESG rating following the publication of Business Responsibility and Sustainability Reporting (BRSR). ESG Rating Providers (ERPs) will carry out a review of the ESG ratings upon the occurrence of or announcement/ news of such material developments […]
Sebi defers ESG disclosure deadline under BRSR framework by one year till FY26, ET LegalWorld
Markets regulator Sebi has decided to defer the ESG disclosure deadline for value chain partners of listed companies by one year until FY26, giving more time to them to comply with the Business Responsibility and Sustainability Reporting (BRSR) requirements. Until then, environmental, social and governance (ESG) reporting will remain voluntary instead of the current “comply-and-explain” […]
Resurgent India says it received SEBI certificate to operate as ESG rating provider, ET LegalWorld
Wholly-owned subsidiary of financial advisory firm Resurgent India, Resurgent ESG Services Pvt. Ltd (RESPL) received capital markets regulator Securities and Exchange Board of India (SEBI) approval as an Environmental, Social, and Governance (ESG) rating provider. ESG reporting is a way for companies to disclose information about their environmental, social, and governance (ESG) practices. To address […]
Sebi mulls measures to facilitate ease of doing biz for ESG Rating Providers, ET LegalWorld
Markets regulator Sebi has proposed tweaking framework for ESG Rating Providers (ERPs), particularly for those using a subscriber-pays model, including an exemption from the requirement to disclose ESG ratings to stock exchanges. Additionally, the regulator has suggested that ERPs using a subscriber-pays model should share ESG (Environmental, Social, and Governance) rating reports with both subscribers […]