Financial ServicesPre-market
Sebi raises valuation concerns in corporate deals
pre-market1 source ↓written by the desknot a recommendation
The Securities and Exchange Board of India (Sebi) has flagged concerns regarding inflated valuations in IPOs and corporate arrangements, urging for enhanced safeguards for minority shareholders. Whole-time member Kamlesh Chandra Varshney noted a rise in complaints from minority shareholders about compromised interests, indicating the need for specific guidelines in this area. Sebi may collaborate with the Insolvency and Bankruptcy Board on these issues.
Not investment advice. For informational purposes only.