Sebi lays framework for startups to shift to main stock exchange after 1 yr

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Press Trust of India New Delhi
Last Updated : Sep 25 2019 | 8:00 PM IST

To help startups move from the Innovators Growth Platform of stock exchanges to the main board, Sebi has come out with a new set of framework to allow them to shift after one year to regular trading.

The framework comes after Sebi's board in August approved a detailed set of norms for startups' listing.

Sebi, in a notification issued on Monday, provided companies listed on the Innovators Growth Platform (IGP) pursuant to an initial public offer "an option to trade under the regular category of the main board of the stock exchange."

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First Published: Sep 25 2019 | 8:00 PM IST

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