AS expected, the Securities and Exchange Board of India (SEBI) has tightened the regulations governing Initial Public Offerings (IPOs) for Small and Medium Enterprises (SMEs). In its Board meeting on Wednesday, the capital market regulator approved tighter norms, including a higher profitability threshold, a lower cap on OFS proceeds, among others, for MSMEs looking to list shares in the SME platforms of exchanges.
SMEs will now be required to have an operating profit of at least ₹1 crore for two out of the last three financial years before filing their DRHP. This stricter criterion is intended to ensure that only financially sound companies can access public markets.
Esta historia es de la edición December 19, 2024 de The New Indian Express Hubballi.
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WINE, VINES & A PERFECT GETAWAY
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Boy who evolved as a match-winner
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Halep gets wildcard for Oz Open qualifier
SIMONA HALEP was handed a wildcard for Australian Open qualifying on Wednesday as the two-time Grand Slam champion attempts to ramp up her return to tennis following a doping ban.
EVENTFUL CONTEST BEFORE RAIN FORCES A DRAW
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PKL: Tamil Thalaivas rout Warriorz 60-29
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Vinicius, Bonmati FIFA Best players of the year
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Navy's Kiran sails past stars to corner nat'l glory
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GIC buys majority stake in AHH for $150 mn
AHH sees growth in specialty healthcare enterprises
Sensex sheds 2k points in 3 sessions ahead of Fed decision
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Infosys inaugurates new campus in Kolkata
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