SEBI Halves IPO Listing Time To 3 Days; Tightens Disclosure Norms For FPIs | CNBC TV18

The Securities and Exchange Board of India (SEBI) on Wednesday slashed the time period for listing of shares in public issue from existing six (T+6) days to three (T+3) days, from the date of closure of the issue.

The regulator also tightened the disclosure norms for foreign portfolio investors (FPIs). The decisions were taken in a board meeting held on Wednesday. It said the revised IPO listing timeline of T+3 days will be made applicable in two phases – voluntary for all public issues opening on or after September 1, 2023 and mandatory on or after December 1, 2023

#SEBI #IPOlistingtime #FPIs #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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