Mumbai, May 17 -- Securities and Exchange Board of India has offered more time to Offshore derivative instrument (ODI) subscribers for granular disclosure compliance. In a circular issued on Friday regulator extended the timeline to comply, till November 17, 2025. The previous timeline was expiring on May 17, 2025. ODIs in common parlance are also called participatory notes or P-Notes. As per SEBI circular, "Based on representations received from market participants and in order to ensure smooth implementation of the said circular, it has been decided to extend the above timeline". In its circular issued in December last year, SEBI had prescribed that all ODI subscribers that hold concentrated holding or large investment in a single corpo...
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