Sebi cuts timeline to complete rights issues to just 23 days

In a circular on Tuesday, Sebi came out with the revised timelines for completion of the various activities involved in rights issue process from the date of board of directors of the issuer approving it to the date of closure of the issue. In a circular on Tuesday, Sebi came out with the revised timelines for completion of the various activities involved in rights issue process from the date of board of directors of the issuer approving it to the date of closure of the issue.  Economic Times

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