The regulator has proposed that the compulsory shareholding period before listing for investors owning 25 per cent or higher in start-ups be halved to one year. It has also suggested raising the open offer trigger for investment deals, and recommended allocation of a higher percentage of shares to anchor investors during public issues and special rights to promoters and existing institutional investors.
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Tuesday, March 23, 2021
Sebi may make it lot easier to take startups public
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