New Delhi, 16 July: Having revamped buyback, minimum public shareholding and takeover norms, market regulator Securities and Exchange Board of India (Sebi) is now set to overhaul delisting regulations for companies.
Sebi has already started the process of a re-look at the existing delisting norms.
“We have already started the process of re-looking at it (delisting regulations)… The work is going on delisting regulations,” the market watchdog chairman, Mr U K Sinha said here.
The capital market regulator has already overhauled norms pertaining to share buyback, minimum public shareholding, preferential allotment and takeovers. PTI