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24 Jun 2019

Fox Mandal Newsletter – Capital Market Updates

SEBI, with the goal of kick-starting listing of startups in India, had launched ‘Institutional Trading Platform’ for listing of shares. However, it failed to gain any traction in the market. Therefore, SEBI came up with a slew of reforms starting with renaming the platform as ‘Innovators Growth Platform (IGP)’ and relaxed norms for listing of startups for raising funds and getting their shares traded on stock exchanges.

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