The Securities and Exchange Board of India (SEBI) convened a board meeting on December 18, 2024, to deliberate on key regulatory changes. These include stricter regulations for SME listings, broadening insider trading norms by encompassing additional categories under Unpublished Price Sensitive Information (UPSI), and establishing a framework for specified digital platforms (SPFs).
PRISM’s IPO filing mentions Zostel case, CCI investigation
In its UDRHP-I filing to Sebi, the company any ‘adverse’ outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects,