ADVERTISEMENT

SEBI’s Recent Proposal To Ease Delisting Norms Isn’t Ambitious Enough, Experts Say

SEBI’s recent proposal to ease delisting norms may not get public shareholders the best exit price, experts say.

The headquarters of the Securities and Exchange Board of India (SEBI) in Bandra-Kurla Complex, Mumbai, India. (Photographer: Sajeet Manghat/ BloombergQuint)
The headquarters of the Securities and Exchange Board of India (SEBI) in Bandra-Kurla Complex, Mumbai, India. (Photographer: Sajeet Manghat/ BloombergQuint)
The market regulator has proposed an easier route for certain companies to delist without following the delisting regulations.The listed parent entity, the Securities and Exchange Board of India has proposed, can integrate its business with the listed subsidiary by providing a share swap to all shareholders of the listed subsidiary through a scheme of arrangement.
To continue reading this story
You must be an existing Premium User
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit