Sebi board meet * No entry load for MF schemes * Board approves concept of Anchor investor * Promoter group cannot be Anchor Investor * Anchor investor has to be A QIB * Anchor investor will get firm allotment * No listed co can issue shares with superior rights * No preferential issue for superior voting rights * IPOs must be listed on at least 1 national exchange * To cut fees for financial intermediaries by 50% * 30 day lock-in-period for anchor investor * MF investors to decide comm payable

Sebi board meet * No entry load for MF schemes * Board approves concept of Anchor investor * Promoter group cannot be Anchor Investor * Anchor investor has to be A QIB * Anchor investor will get firm allotment * No listed co can issue shares with superior rights * No preferential issue for superior voting rights * IPOs must be listed on at least 1 national exchange * To cut fees for financial intermediaries by 50% * 30 day lock-in-period for anchor investor * MF investors to decide comm payable
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First Published: Thu, Jun 18 2009. 05 54 PM IST
Updated: Thu, Jun 18 2009. 05 54 PM IST
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First Published: Thu, Jun 18 2009. 05 54 PM IST
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