Sebi To Ease Compliance Norms

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(FE)

The Securities and Exchange Board of India (Sebi) board will consider proposals to ease compliance norms for insolvent firms — especially with regard to trading, listing and de-listing, and declaring results — at its meeting on Thursday, sources said. These include easing the minimum 25% public shareholding and procedures to de-list a stressed firm if it is part of the resolution plan

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