New Delhi, Mar 2 (KNN) Capital market regulator Securities and Exchange Board of India (SEBI), giving a fillip for small companies, approved a slew of measures including lowering of fees charged from brokers, stock exchanges and companies seeking to get listed.

Providing a boost to new-age start-ups that want to get listed in stock markets and raise funds, SEBI approved a new set of norms to help investors get accredited for investments in such entities.

The Board, in a move that would boost trade and deepen the markets, also said that it would allow mutual funds and portfolio managers to trade in commodity derivatives.

SEBI has been opening up the commodity derivatives market to institutional investors to give large companies an opportunity to hedge and help integrate the spot and futures markets.

The meeting followed Finance Minister Arun Jaitley’s address to SEBI Board members and top officials, during which chairman Ajay Tyagi apprised him of recent developments in the Indian securities market.

The meeting was also attended by Minister of State for Finance Shiv Pratap Shukla, Economic Affairs Secretary Subhash Chandra Garg, Revenue Secretary Ajay Bhushan Pandey, Department of Investment and Public Asset Management Secretary Atanu Chakraborty and Chief Economic Advisor Krishnamurthy Subramanian, among others. (KNN/JM)