public issue

Sebi cuts listing time to T+3 working days for public issue of debt securities

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Sebi cuts listing time to T+3 working days for public issue of debt securities

Sebi on Thursday decided to reduce the timeline for listing of public issue of debt securities to three working days from six days at present, to facilitate faster access to funds. This new timeline will be optional for the first year and mandatory thereafter. “It has been decided to reduce the listing timeline in case … Read more

Sequoia exits Go Fashion, makes 15x gain

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Sequoia exits Go Fashion, makes 15x gain

Mumbai: Global venture capital firm Sequoia Capital, now rebranded as Peak XV Partners, has exited its near decade-long investment in Go Fashion (India). The fund on Monday sold its remaining 10.18% stake in the women’s apparel maker for nearly ₹625 crore, according to exchange deal data. Sequoia sold nearly 55 lakh shares of Go Fashion … Read more