India’s capital markets regulator proposes to hunt extra disclosures from overseas funds with giant holdings in native shares or firms, amid criticism about lack of oversight over inflows into sprawling conglomerates such because the Adani Group.

The Securities and Exchange Board of India in a consultation paper Wednesday outlined ‘high-risk’ overseas portfolio buyers and mentioned these funds should adjust to extra disclosure necessities inside six months after the norms are carried out. Comments are invited by way of June 20.