SEBI Reviews SME Frameworks Under ICDR & LODR Regulations | Proposes Stricter IPO Norms
- News|Blog|Company Law|
- < 1 minute
- By Taxmann
- |
- Last Updated on 21 November, 2024
Consultation Paper Dated 19.11.2024
SEBI has introduced its Consultation Paper on reviewing the SME framework under SEBI (ICDR) Regulations, 2018, and corporate governance provisions under SEBI (LODR) Regulations, 2015, aiming to enhance SME pre- and post-listing norms. Proposals include increasing the minimum application size from 1 lakh rupees per application to 2 or 4 lakh rupees per application, changing the allocation methodology in the NII category of SME IPO and aligning it with the allocation methodology used for the Main Board IPO, etc.
Click Here To Read The Full Update
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.