SEBI to Overhaul Delisting Rules for Indian Companies
Market regulator SEBI is preparing a comprehensive review of the current delisting framework to enhance efficiency and protect shareholder interests. Chairperson Madhabi Puri Buch confirmed that the regulator is evaluating potential revisions to streamline the process for companies seeking to exit public exchanges. This move aims to balance corporate flexibility with the necessity of safeguarding minority investors, addressing long-standing industry feedback regarding the existing regulatory hurdles in the delisting mechanism.