List down the institutions recognised as Qualified Institutional Buyer under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

CS Executive · Capital Market and Securities Laws · PYQS · December 2024
List down the institutions recognised as Qualified Institutional Buyer under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Answer & Explanation:

According to Regulation 2(1)(ss) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the following are termed as Qualified Institutional Buyers: A mutual fund, venture capital fund, Alternative Investment Fund and foreign venture capital investor registered with SEBI; Foreign portfolio investor other than individuals, corporate bodies and family offices; A public financial institution; A scheduled commercial bank; A multilateral and bilateral development financial institution; A state industrial development corporation; An insurance company registered with the Insurance Regulatory and Development Authority of India; A provident fund with minimum corpus of twenty five crore rupees; A pension fund with minimum corpus of twenty five crore rupees registered with the Pension Fund Regulatory and Development Authority established under section 3(1) of the Pension Fund Regulatory and Development Authority Act, 2013; National Investment Fund set up by the Government of India; Insurance funds set up and managed by army, navy or air force of the Union of India; Insurance funds set up and managed by the Department of Posts, India; Systemically important non-banking financial companies.

Topics: SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

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