Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Amends Capital and Disclosure Rules: New Criteria for Innovators Growth Platform, Public Shareholding, and Allotment Process.</h1> The Securities and Exchange Board of India (SEBI) issued the Second Amendment to the Issue of Capital and Disclosure Requirements Regulations, 2019. This amendment, effective upon publication, introduces changes including the replacement of the term 'institutional trading platform' with 'innovators growth platform' across various regulations. It sets eligibility criteria for issuers using technology-intensive methods, requiring 25% pre-issue capital held by specific investors for at least two years. The amendment also specifies minimum public shareholding norms, offer size, and modifies the allotment process for institutional and non-institutional investors. Additional changes include adjustments to monetary thresholds in several regulations.