Sebi has introduced new measures to simplify voluntary delisting for specific PSUs, excluding banks, NBFCs, and insurance firms, where the government or other PSUs hold at least 90% of shares. The amended regulations allow delisting through a fixed price mechanism, eliminating the need for a two-thirds majority approval from public shareholders.
IPO Calendar: Primary market cools after Jio frenzy, but 13 listings lined up
India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches.