Monday, September 17, 2018

SEBI unveils new norms on issue of capital and disclosure requirements

SEBI notifies SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The notification shall come into force on 60th day from the date of its publication in Official Gazette. The new norms would also apply to an initial public offer by a small and medium enterprise. The norms debars wilful defaulters and fugitive economic offender from making initial public offer.

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