Archive for the ‘Share Market News’ Category

SEBI to provide easy delisting norms

SEBi

SEBI (Securities and Exchange Board of India), the regulator for the securities of Indian market, is all set to introduce new norms to make de-listing simpler and faster at its board meeting on November 19, 2014. In the delisting process, the shares of the delisted firm cannot be purchased or sold through exchange route.

In the new set of regulations, SEBI plans to reduce more than half of the delisting time from 137 days to 76 days.

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