Sebi acts to improve trading and access to primary market

While the enhanced exemption limit and issue period are positive steps, the Sebi should tread carefully on the suggestion to simplify mandatory disclosures about group companies at the time of an IP

The Securities and Exchange Board of India (Sebi) has been trying to improve the trading experience and make it easier for companies to access the primary market. For instance, the market regulator has given the go-ahead for extending trading hours for equity derivatives, from 9 am to 11.55 pm, with effect from October 1. This step brings the trading hours for equity derivatives in line with those for commodities. This time extension enables investors to respond quickly to price-sensitive news flow that may occur in other time zones. It, therefore, allows Indian exchanges to compete with exchanges in Dubai and