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Sebi may tighten SME listing norms, bring in transparency
The New Indian Express Shivamogga
|December 18, 2024
THE Securities and Exchange Board's (Sebi) board meeting slated for Wednesday is likely to come up with a slew of measures to clean the SME IPOs space that has, of late, received regulatory attention.
The regulator is expected to bring in transparency and accountability in listing of SMEs, improve disclosures of unpublished price-sensitive information and improve ease of doing business, a source told TNIE on Tuesday.
Some of the SME listings have seen highly irrational subscriptions, that in some cases topped even 1,000x, and the Sebi is likely to come up with some measures with the objective to encourage and protect retail investors' interest in the SME listing space, the source said.
This story is from the December 18, 2024 edition of The New Indian Express Shivamogga.
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