India: Merchant bankers to meet Sebi on 9 March, ask for relaxed norms

India: Merchant bankers to meet Sebi on 9 March, ask for relaxed norms

Photo: Reuters

Merchant bankers will request the capital markets regulator at a 9 March meeting to remove the requirement that shares of companies listed on the small and medium enterprises (SME) platforms of stock exchanges be bought and sold only in lots of Rs.1 lakh, said three bankers aware of the matter.

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