Sebi now allows founders to hold Esops before IPO filing, relaxes CCS-related lock-ins, and mandates demat shares for senior staff — easing startup listing
Shares held by foreign VCs, AIFs, and public financial institutions now count towards promoter contribution — aiding India-bound listings
PSUs with 90% government holding can now delist more easily — a move expected to help five public firms
Category I and II AIFs can now set up co-investment vehicles (CIVs), fixing earlier conflicts and easing investor access
Sebi excludes related-party holdings from “public” status and lets HoldCos offset negative cash flows before payouts
From IPOs to infrastructure funds, Sebi’s reforms aim to build deeper, more credible Indian capital markets