The proposed moves, likely to be discussed by the Sebi board tomorrow, are aimed at safe-guarding the interest of small investors while deepening the capital marketplace to provide new products and avenues for institutions, a senior official said.
Besides, Sebi will discuss and take forward various steps announced last month in the Union Budget by Finance Minister Arun Jaitley, who will also address tomorrow the board members and top officials of the regulatory body.

The Securities and Exchange Board of India (Sebi) is also likely to tighten its takeover regulations by introducing 'bright lines' to define change in control in a merger and acquisition.

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