India: Profit-sharing agreement norms may be a hurdle for PE-backed firms’ IPO plans

India: Profit-sharing agreement norms may be a hurdle for PE-backed firms’ IPO plans

Sebi. Photo: Abhijit Bhatlekar/Mint

Initial public offerings (IPOs) of private equity-backed companies that have inked profit-sharing agreements may face hurdles with the markets regulator making it mandatory for listed companies to disclose and seek shareholders’ approval for all such agreements.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter