Times of India | In relief to cos, Sebi grants more time to secure funds

Sebi has granted a one-time extension for the validity of observation letters for public issues, offering relief to companies delaying capital raising due to geopolitical tensions and weak investor sentiment. This move allows issuers more time to proceed with IPOs, follow-on offers, and rights issues without restarting the approval process, reducing compliance costs and timelines.

Read more: https://timesofindia.indiatimes.com/business/india-business/in-relief-to-cos-sebi-grants-more-time-to-secure-funds/articleshow/130100021.cms

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