The insurance company which is backed by Canadian investor Fairfax, is learnt to have written to the Insurance Regulatory and Development Authority (IRDAI) seeking clarity on applicability of lock-in requirements if the company chooses to float an initial share sale, people cited above added.
IRDAI’s 6 October 2022 insurance regulations are at the core of the issue. Earlier this year, Go Digit decided to go for an initial public offering (IPO) and obtained IRDAI approval by 6 December.
However, the IPO went into limbo after markets regulator Securities and Exchange Board of India (Sebi) returned the offer documents on 30 January with some observations. The company rectified the issues pointed out by Sebi and refiled the offer document on 6 April.
Diese Geschichte stammt aus der April 20, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der April 20, 2023-Ausgabe von Mint Mumbai.
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