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Wednesday, April 7, 2010

Listing with Stock Exchanges to be made within 12 days of closure of public issue wef 1st May 2010

Reduction in timelines between issue closure and listing

SEBI, in its continuing endeavour to make the existing public issue process more efficient, proposes to reduce the time between public issue closure and listing to 12 days from existing of up to 22 days. This will be applicable to public issues opening on or after May 1, 2010.

Source: PR No.88/2010 dated 6th April 2010


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