New Delhi, July 29 -- The Securities and Exchange Board of India (Sebi) on Monday said that it has sought public comments on report submitted by the working group on issues related to proxy adviser. Comments can be submitted by 18 August.

Proxy adviser is a person who provides advice to institutional investors or shareholder of a company to exercise their rights in the company including recommendations on public offer or voting recommendation on agenda items.

The working group formed by Sebi, in November 2018, has submitted a report to the market regulator, providing recommendations on various aspects of proxy adviser. It has also suggested that Sebi may obtain public comments on the substantive matters stated in the report before any reg...