1 min read.Updated: 17 Nov 2021, 10:05 AM ISTLivemint
Market regulator SEBI's proposal comes as India is set for a record year for initial public offerings (IPOs)
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The Securities and Exchange Board of India (SEBI) has proposed to tighten rules on how companies can spend cash raised through initial public offerings (IPO). The market regulator has sought public comments on the proposal till November 30.