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      Question

      What is the main change introduced by SEBI regarding the

      listing time for specified securities post the public issue closure?
      A Reduction from T+3 days to T+1 days Correct Answer Incorrect Answer
      B Reduction from T+6 days to T+3 days Correct Answer Incorrect Answer
      C Reduction from T+6 days to T+2 days Correct Answer Incorrect Answer
      D Reduction from T+3 days to T+1 days Correct Answer Incorrect Answer
      E Reduction from T+4 days to T+2 days Correct Answer Incorrect Answer

      Solution

      After extensive consultations and considering public comments, SEBI decides to reduce the listing time for specified securities post the public issue closure to 3 working days (T+3 days). This is a reduction from the current requirement of 6 working days (T+6 days), with 'T' being the issue closing date.

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