In your interest.
Online Personal Finance Magazine
No beating about the bush.
On 14th November, The Economic Times helpfully reported a key item on SEBI's board agenda. It said, SEBI planned to amend the Disclosure & Investor Protection (DIP) guidelines to force a uniform face value of one rupee for shares of all listed companies. What does this move imply? In June 1999, SEBI amended its guidelines to allow companies to choose the face value of their shares. Until then,...