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    <title>Sebi announces measures for PSU delisting, relaxes ESOP norms for startup founders</title>
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    <description>Sebi relaxed PSU delisting rules by easing shareholder approval thresholds and simplifying floor price computation for certain state owned companies, allowed founders to retain and exercise ESOPs granted at least one year before filing preliminary IPO papers, and eased compliance for FPIs investing exclusively in government securities by harmonising KYC review periodicity with the central bank and relaxing specified regulatory requirements. The board also approved a settlement scheme for brokers involved with the NSEL platform, permitted AIF co investment within AIF structures, proposed an Accredited Investor category for angel investors, and allowed liquid funds for certain regulatory deposit mandates.</description>
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