Sebi is set to ease the listing process for startups
In a bid to encourage startups to go public and list on the Innovators’ Growth Platform (IGP)
This will provide a structured exit route for early-stage investors in new enterprises
Its capital markets regulator may also alter delisting rules for existing companies
Sebi might endorse a bigger role for independent directors in the delisting of companies
Likely to amend the LODR (Listing Obligations and Disclosure Requirements) to strengthen corporate governance
Also proposed to halve the compulsory shareholding period for investors owning 25% or higher in start-ups
