SEBI Approves Reduction in Public Issues Listing Time, Increased Disclosures for FPIs

  • SEBI board approves reduction of the listing time for shares in public issues from 6 to 3 days post issue closure.
  • Increased disclosure requirements will be enforced for Foreign Portfolio Investors, including additional ownership, economic interest and control details.
  • SEBI also plans to improve the investor grievance handling mechanism through SCORES and a new Online Dispute Resolution Mechanism.
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