SEBI’s Regulating Unlisted Companies Might be a Gold Mine for You
Elite
SEBI has been on a roll to reform the securities and commodity market in India with many upgrades. From tightening disclosure requirements in Foreign Portfolio Investors (FPI) to reducing the time period from six to three days for shares listing in public issues, changes have been frequent from their end. SEBI has been trying to bring more transparency for investors, either regarding IPO pricing or disclosing more information about unlisted companies/shares.
It is not yet officially decided when the Securities and Exchange Board of India will bring out regulations for more transparency of unlisted companies. At present, unlisted companies, both private and public, are not as tightly obligated to reveal information about their financials as listed companies.
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