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Sebi considers stricter rules for SME listing amid misuse concerns

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sanskritds.com

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Wed, May 15, 2024 04:21 PM

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Sebi considers stricter rules for SME listing amid misuse concerns The Securities and Exchange Board

Sebi considers stricter rules for SME listing amid misuse concerns The Securities and Exchange Board of India (Sebi), along with stock exchanges, is planning to tighten the norms for small and medium enterprises (SMEs) seeking public listings, reported news agency Reuters. This development comes due to concerns about misuse of a platform established in 2012 to aid small businesses in accessing capital markets. The proposed changes could see an increase in the minimum size of public offerings, ranging between Rs 30 crore to Rs 50 crore ($3.59 million to $5.99 million), according to sources mentioned in the report. [Read more]( If you would prefer not receiving our emails, please [Click Here](

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