Sebi board announces stricter regulations for SME IPOs to improve

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 transparency, governance, and fund utilization in the booming SME segment. The new rules also restrict the use of IPO proceeds for settling loans from related parties.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iY4PjDX