https://www.taxtmi.com/notifications?id=135615 The amendment renames the Institutional Trading Platform as the Innovators Growth Platform, restricts issuers with SR equity shares to offering only ordinary shares in an IPO on that platform while maintaining SR equity share compliance, shortens certain eligibility timelines from two years to one year, and replaces "Accredited Investors" with "Innovators Growth Platform Investors." It expands eligible investor classes, adds family trusts meeting a net worth threshold to the investor definition, excludes promoter pre-issue capital from the 25% eligibility requirement, permits discretionary pre-allocation up to sixty per cent to eligible investors with pricing parity and a minimum application value, imposes continued lock-in for SR equity shares until conversion or specified period, and adapts delisting and migration conditions to the platform with tailored approval and shareholding thresholds. en-us Wed, 05 May 2021 00:00:00 +0530 Fri, 07 May 2021 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=135615 The amendment renames the Institutional Trading Platform as the Innovators Growth Platform, restricts issuers with SR equity shares to offering only ordinary shares in an IPO on that platform while maintaining SR equity share compliance, shortens certain eligibility timelines from two years to one year, and replaces "Accredited Investors" with "Innovators Growth Platform Investors." It expands eligible investor classes, adds family trusts meeting a net worth threshold to the investor definition, excludes promoter pre-issue capital from the 25% eligibility requirement, permits discretionary pre-allocation up to sixty per cent to eligible investors with pricing parity and a minimum application value, imposes continued lock-in for SR equity shares until conversion or specified period, and adapts delisting and migration conditions to the platform with tailored approval and shareholding thresholds. Notifications SEBI Wed, 05 May 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=135615