Sebi tightens SME listing regulations
Financial Express Chandigarh|December 19, 2024
● Performance validation agency PaRRVA set up
AKSHATA GORDE
Sebi tightens SME listing regulations

THE BOARD OF Securities and Exchange Board of India (Sebi) took as many as 19 decisions on Wednesday, including tighter listing regulations for small and medium enterprises (SMEs), easier norms for REITs and InvITs, and a wider definition of unpublished price-sensitive information (UPSI).

In a bid to curb the manipulation by some SMEs to paint a pretty picture for investors, it has approved mandating an operating profit of ₹1 crore in two out of three years, and a phased release of promoter lock-in over 1-2 years. The offer for sale (OFS) should not exceed 20% of the total issue size, and amount of general corporate purpose to be capped at 15%.

この記事は Financial Express Chandigarh の December 19, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Chandigarh の December 19, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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