Sebi plans automated management for IPO-bound firms' pledged shares
pre-market1 source ↓written by the desknot a recommendation
The Securities and Exchange Board of India (Sebi) is introducing a framework to automate the management of pledged shares for IPO-bound companies. This initiative aims to reduce listing delays and enhance compliance in primary markets. The new system will enforce lock-in requirements automatically, even during pledge invocation or release. A consultation paper will be released soon.
Not investment advice. For informational purposes only.