July 29, 2016 11:31 pm | Updated October 18, 2016 12:57 pm IST - MUMBAI:
The Securities and Exchange Board of India (SEBI) plans to relax guidelines for listing of start-ups.
The regulator is in favour of the shares being traded in smaller numbers so that more investors can trade and has also proposed higher allotment to retail investors.
According to SEBI’s proposal, the 25 per cent cap on holding by an individual entity or persons acting in concert should be done away with. The regulator has sought feedback.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.
