News > Sebi approves a slew of relaxations to norms to encourage start-up listing

Sebi approves a slew of relaxations to norms to encourage start-up listing

Seeking to boost listing of start-ups, markets watchdog Sebi on Thursday decided a slew of relaxations to norms, including reducing holding period for pre-issue capital and allowing discretionary allotment to eligible investors. The changes have been approved to the framework for listing on the Innovators Growth Platform.

The regulator has decided to reduce the period of holding of 25 percent of pre-issue capital of the issuer company by eligible investors to one year from the current requirement of two years.