The market regulator, SEBI, proposed introducing a fixed price process as an alternative to the reverse book-building method. Under the new mechanism, the fixed price will be set at a 15% premium over the floor price. The move is expected to simplify the delisting process for companies while ensuring fair value discovery for shareholders.
#sebi #sebinotification #pressconference #financialmarket #futuretrade #sebiboardmeet #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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