SEBI measures to increase efficacy in the listing process and to expedite the availability of securities for trading by the investors

LegalitySimplified

SEBI/ vide circular dated November 30, 2022, in order to bring about efficacy in the listing process and to expedite the availability of securities for trading by the investors, the timeline for listing is being reduced from T+4 to T+3 days (wherein T refers to issue closure date).

Timelines for making an application for in-principle approval to the stock exchange(s) where the issuer intends to list its securities and/ or receipt of in-principle approval from the stock exchange(s), are being incorporated.

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