Fast track further public offer eligibility requires continuous listing, promoter dematerialisation, liquidity and compliance conditions for streamlined issuance. Eligibility for the fast track further public offer requires sustained public listing, promoter group dematerialisation, prescribed public market ... Summary
Fast track further public offer eligibility requires continuous listing, promoter dematerialisation, liquidity and compliance conditions for streamlined issuance.
Eligibility for the fast track further public offer requires sustained public listing, promoter group dematerialisation, prescribed public market capitalisation and trading liquidity thresholds, minimum delivery based turnover, continued compliance with listing obligations (with limited deeming for past board composition non compliance if cured and disclosed), high investor grievance redressal, no pending show cause proceedings by the Board (with disclosure where penalty or prosecution exists), disclosure of recent settlements of alleged violations, no recent disciplinary trading suspension, no lead manager conflict, and restated or disclosed treatment of audit qualifications.
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