New Enroll in RBI Grade B New Batch - Starts on May 21

    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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