📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! âš¡ Enroll Now

    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.

    Practice Next
    ask-question