Sebi reviewing IPO rules for smaller companies and delisting norms: Tuhin Kanta Pandey
· Business · Economic Times, LiveMint, Moneycontrol
The Securities and Exchange Board of India is actively reviewing regulations governing initial public offerings by small companies and corporate delisting procedures. SEBI chairman Tuhin Kanta Pandey stated at an event in Mumbai that market-making requirements have added excessive costs for small company IPOs, prompting a comprehensive review. Additionally, the regulator is evaluating proposed changes to portfolio manager regulations to support global fund management operations and onshore trading strategies. Pandey also addressed the newly introduced closing auction session, noting that any market manipulation would be detected faster under the system with strict regulatory action to follow.
Why it matters
The proposed regulatory changes directly impact small businesses planning stock market listings, global fund managers operating in India, and overall compliance standards across domestic equities.
Read the original report — Economic Times
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