(PTI)
Markets regulator Sebi on Tuesday eased norms related to fast track further public offers, including reducing the minimum average market capitalisation of public shareholding requirement, till March next year. Sebi logo Markets regulator Sebi on Tuesday eased norms related to fast track further public offers, including reducing the minimum average market capitalisation of public shareholding of the company concerned has been reduced to Rs 500 crore from Rs 1,000 crore. Further, eligibility conditions for fast track FPO pertaining to period of compliance with the provisions of the listing regulations, ongoing action initiated by Sebi against the issuer/ promoters/ directors and settlement of violation of securities laws have been relaxed.
