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BRIEF — India's SEBI Consultation Paper Says Issuer Having Post Issue Market Capitalization Up To 10 Billion Rupees Shall Be Required To Access Only Small Business Listing Platform

Oct 14 (Reuters) — India's Sebi Consultation Paper: An Issuer Having Post Issue Market Capitalization Up To 10 Billion Rupees Shall Be Required To Access Only Small Business Listing Platform Sebi Proposal: Issuer Having Post Issue Market Capitalization Above 10 Billion Rupees And Up To 40 Billion Rupees May Also Access Small Business Listing Platform Sebi Proposal: Issuer Must Have Average Operating Profit Of Not Less Than 30 Million Rupees/year During Preceding Three Financial Years To List On Platform Sebi Proposal: Issuer On Small Business Listing Platform Should Have At Least 75% Of The Net Offer Allotted To Qualified Institutional Buyers Sebi Proposal: To Introduce A Dedicated Regulatory Framework For Offer For Sale In Small Firms Ipos Sebi Proposal: To Introduce A One-year Holding Period For Securities Offered Through Ofs In Sme Ipo Source text: [ (reuters.briefs@thomsonreuters.com;)

BRIEF