
The Securities and Exchange Board of India (SEBI) has made significant changes to delisting regulations, introducing a fixed price process for frequently traded shares. The amendments include allowing a fixed price at a 15% premium over the floor price and reducing the threshold for counter offers to 75% from 90%. SEBI has also approved new norms regarding Finfluencers, prohibiting regulated entities from associating with them.
#Sebi approves norms on Finfluencers, bars registered entities from associating with them https://t.co/gseEmX9J4E
#NewsFlash | SEBI Board Meet Takeaways👇 Flexibility In Voluntary Delisting 👉Introduction of fixed price process as an alternate to Reverse Book Building 👉Fixed price shall be at 15% premium over floor price 👉Reduction in threshold of counter offer to 75% from 90% provided… https://t.co/J87c1QE4jF
SEBI amends voluntary delisting regulations for holding companies, tightens rules for finfluencers🚨 Get live updates from Sebi board meeting here 👇 https://t.co/MsQ9e2QrkA #Finfluencers #SEBI #Stocks #BSE #NSE https://t.co/DmZ0iqTgbQ
