SEBI Proposes Reducing Share Listing Timeline from T+6 Days to T+3 Days in Public Issues
- Blog|News|Company Law|
- < 1 minute
- By Chetan Kulasri
- |
- Last Updated on 23 May, 2023
Latest from Taxmann
SEBI Report 3 Dated 20.05.2023
SEBI has issued a consultation paper inviting public comments on the proposal to reduce the timeline to list shares. It is proposed to reduce the time period from the date of Issue closure to the date of listing of shares through public issues from 6 days to 3 days.
The proposal will benefit both issuers as well as investors. Issuers will have faster access to the capital raised thereby enhancing the ease of doing business and the investors will have the opportunity for having early credit and liquidity for their investments. The public comments can be submitted by 03-06-2023.
Click Here To Read The Full Updates
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.
CA | CS | CMA
