SEBI board to consider reintroducing open-market buybacks: Report

SEBI's board is set to discuss a range of market reforms, including the return of open-market share buybacks, quicker approvals for AIF schemes and easier intraday borrowing norms, Reuters reported. A key proposal seeks to restore open-market buybacks through stock exchanges. It has proposed reducing the buyback completion period to 66 working days from the earlier six-month timeline.