Sebi eases delisting norms for PSUs with over 90% government holding
In a significant move aimed at streamlining the exit process for certain Public Sector Undertakings (PSUs), the Securities and Exchange Board of India (Sebi) on Wednesday introduced special measures to facilitate their voluntary delisting. The reforms were approved in the 210th Sebi board meeting and apply to PSUs—excluding banks, NBFCs, and insurance firms—where the Government … Read more