SEBI approves of proposal to do away with applicability of Minimum Promoters’ Contribution for FPOs

The SEBI in its Board meeting has approved of the proposal to do away with the applicability of Minimum Promoters’ Contribution and the subsequent lock in requirements for the issuers making a Further Public Offer of specified securities subject to fulfillment of the specified conditionsThe SEBI in its Board meeting has approved of the proposal to do away with the applicability of Minimum Promoters’ Contribution and the subsequent lock in requirements for the issuers making a Further Public Offer of specified securities subject to fulfillment of the specified conditionstaxmann.com Latest Statutory HappeningsRead More

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