Sebi board approves stricter rules for SME market, including financial stability before IPOs
- Posted on December 18, 2024
- By Business News Today
- 2 Views
Sebi board approves stricter rules for SME market, including financial stability before IPOs
Sebi has tightened SME IPO norms, mandating a minimum operating profit and restricting selling shareholders' offloading to 50%. These measures aim to enhance transparency and prevent fund misuse, boosting investor confidence in the booming SME segment amidst concerns over governance and manipulation.
