December 24, 2024 06:27 am (IST)
SEBI mulls new regulations to curb risks amid surge in small IPOs
Sep 12, 2024, at 08:06 pm
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI), the regulatory body for securities and commodity market in the country, is contemplating stricter oversight for micro-cap firms going public, which includes enhanced monitoring of how their funds are used and tougher due diligence requirements for merchant bankers, the Economic Times reported, citing a source involved in the discussions who requested anonymity due to the confidential and sensitive nature of the information.
Latest Headlines
SEBI mulls new regulations to curb risks amid surge in small IPOs
Thu, Sep 12 2024