The decision, driven by a few considerations, was communicated by the Securities & Exchange Board of India (SEBI) in a January 24 email to the fund custodians – banks and institutions who keep custody of securities and act as bookkeepers of the FPIs – three persons aware of the matter told ET.
Sebi seeks to tighten eligibility criteria for SME IPOs. Here’s how
Sebi is considering tightening rules for SME IPOs to protect retail investors. The regulator proposes to debar companies whose promoters or directors are debarred from