No separate exchange for small, medium firms: SEBI

Published on Mon, Nov 09, 2009 at 18:35 |  Source : Reuters

Updated at Mon, Nov 09, 2009 at 18:36  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
No separate exchange for small, medium firms: SEBI

Indian market regulator, Securities and Exchange Board of India (SEBI) said on Monday it does not require setting up a separate exchange for small and medium enterprises (SME).

"It doesn't have to be separate exchange (for SMEs)" Chairman C B Bhave, told reporters after a board meeting.

The paid-up capital of SME would be capped at 250 million rupees, Bhave said, adding small and medium firms would be required their issues to be fully underwritten.

  

More on Moneycontrol

Trending News

Business News

How to Root and install Custom Recovery on any Android phone
Forget the IIP: there's free cash oozing out of every pore "Forget the IIP: there's free cash oozing out of every pore "

DLF Says Macro Environment Unfavourable W/High Comm & Labour Inflation

The latest earning numbers FIRST on CNBC-TV18
Videos

Feb 10 2012, 21:39

Tulsian buys steel stocks; negative on sugar, ADAG

- in MARKET OUTLOOK

Feb 10 2012, 21:39

Truck demand sluggish; margins down 80bps: Shriram Trans

- in Results Boardroom

Interviews

Feb 10 2012, 15:43 | Source: CNBC-TV18

Growth in margins sustainable going forward: Shasun Pharma  

Feb 10 2012, 15:35 | Source: CNBC-TV18

Expect Q4 GRMs to be similar to Q3: BPCL  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!

Follow moneycontrol.com