ETMarkets.comThis will be an option for IPOs opening after September 1, 2023, and will be mandatory for public issues opening after December 1, 2023.
The regulator said reduction in timelines for listing and trading of shares will benefit both issuers and investors.
Issuers will have faster access to the capital raised thereby enhancing the ease of doing business, and the investors will have opportunity for having early credit and liquidity of their investments.
Sebi said the Registrar to an issue should undertake third-party verification of the applications by matching the PAN available in the demat account with the PAN available in the bank account of the applicant.
Wednesday, 09 Aug, 2023- Front Page
- Pure Politics
- Companies
- ET Markets
- More
IT Hardware Cos: Defer Curbs by 9-12 MonthsApple, Dell, HP, Acer and others have sought an extension of nine months to a year of the deadline for licences required for import of laptops, tablets, all-in-one-personal computers and other items, people familiar with the matter said.
I’ve Endeavoured to Make L&T a National AssetA M Naik, one of India Inc’s longest-serving corporate chieftains, has helmed Larsen & Toubro’s transformative journey over the decades. He will step down as non-executive chairman on September 30, marking the end of an era at India’s largest engineering services conglomerate. In an interview with Deborshi Chaki, Naik laid down the road ahead and key milestones achieved so far.
Adani Group Weighs Stake Sale in FMCG Joint Venture with WilmarThe Adani Group is in early stages of exploring a stake sale in its fast-moving consumer goods (FMCG) joint venture Adani Wilmar Ltd, said sources aware of the development.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Get Unlimited Access to The Economic Times 
