Thursday, August 16, 2018

SEBI streamlines process of public issue; reduces time taken for listing of security

In order to make the existing process of issuance of debt securities, NCRPS and SDI easier, simpler and cost effective for both issuers and investors under the SEBI ILDS. SEBI ILDM, SEBI NCRPS and SEBI SDI regulations respectively, the market regulator has decided to reduce the time taken for listing after the closure of the issue to 6 working days as against the present requirement of 12 working days.

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