Sebi may make it lot easier to take startups public

The regulator has proposed that the compulsory shareholding period before listing for investors owning 25 per cent or higher in start-ups be halved to one year. It has also suggested raising the open offer trigger for investment deals, and recommended allocation of a higher percentage of shares to anchor investors during public issues and special rights to promoters and existing institutional investors.

from Tech-Economic Times https://ift.tt/3fmc3Gr