The board of the capital-markets regulator approved a proposal to limit the offer for sale (OFS) by promoters in small and medium enterprises (SME) IPOs to 20% of an issue size. It also said they ...

Additionally, any offer for sale by selling shareholders in an SME IPO will be capped at 20% of the total issue size, with selling shareholders prohibited from selling more than 50% of their holdings.

Sebi has introduced stricter regulations for SME IPOs, mandating a minimum operating profit and limiting selling shareholders' divestment to 50% of their stake. These measures aim to enhance ...

Additionally, the offer for Sale by selling shareholders in SME IPOs will be capped at 20% of the total issue size, and shareholders cannot sell more than 50% of their holdings. The new rules also ...

The tightening of regulations would come in the wake of irrational exuberance witnessed in SME IPOs and, in some cases, the manipulation in pricing and instances of promoters diverting funds raised ...

One of the key areas of focus is the SME listing framework. SEBI is considering reforms to enhance transparency and investor protection in this segment. Suggestions received in response to SEBI’s ...

The SEBI board on Wednesday tightened norms for SME firms going public and merchant bankers, while broadening the definition of unpublished price sensitive information (UPSI) to include more ...

Harumasa in Zenless Zone Zero faces the same fate as Honkai: Star Rail's Dr. Ratio. They're both given away for free, but still have their own character and weapon banners for players who are ...

Three connected roads in Bangsar that are home to vibrant businesses face an uncertain future as Kuala Lumpur City Hall (DBKL) proposes rezoning the area from major commercial back to residential.

HoYoverse will conduct maintenance for Zenless Zone Zero 1.4 on December 18, 2024, at 6 am (UTC+8). As specified, the downtime will last for five hours, during which the developers will prepare ...

Upcoming IPOs and new listings next week: India’s primary market is set to buzz with six initial public offerings (IPOs)—three mainboard and three SME—alongside 12 new listings from Monday ...