SEBI Proposes Reducing Share Listing Timeline from T+6 Days to T+3 Days in Public Issues
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- Last Updated on 23 May, 2023
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SEBI Report 3 Dated 20.05.2023
SEBI has issued a consultation paper inviting public comments on the proposal to reduce the timeline to list shares. It is proposed to reduce the time period from the date of Issue closure to the date of listing of shares through public issues from 6 days to 3 days.
The proposal will benefit both issuers as well as investors. Issuers will have faster access to the capital raised thereby enhancing the ease of doing business and the investors will have the opportunity for having early credit and liquidity for their investments. The public comments can be submitted by 03-06-2023.
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