India regulator proposes to ease rules for start-up IPOs
[MUMBAI] India's stock market regulator, in a discussion paper aimed at making it easier for start-ups to list at home, has proposed reducing the lock-in period for initial public offerings to six months for all shareholders.
Earlier, the lock-in period varied from one to three years depending on the category of investor.
The recommendations were part of proposals issued on Monday by Securities and Exchange Board of India, which asked for responses by April 20.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
China's CICC may cut investment banking headcount by at least 10% this year
Apac finance M&A to stay subdued after Q1 decline as uncertainties linger: S&P Global
MAS ‘following up’ with DBS on cause of May 2 glitch in digital banking services
UBS shares soar as profit smashes forecasts, share buyback plans affirmed
New Thai finance minister wants monetary, fiscal policies aligned
Australia’s central bank holds cash rate at 4.35%