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Economy

Sebi eases public issue norms; companies can announce price band 2-day before IPO

Updated : September 17, 2018 11:03 PM IST

At present, the price band has to be announced five working days before the initial share sale opens for subscription.
The markets watchdog also said that financial disclosures will need to be made for three years, compared with the earlier five years, the Securities and Exchange Board (Sebi) said in a notification dated September 11.
Sebi eases public issue norms; companies can announce price band 2-day before IPO

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