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20-11-2024 11:26 AM | Source: PR Agency
Comment on SEBI proposal to revamp SME listing regulations vide consultation paper by Makarand M Joshi, Founder MMJC and associates a corporate compliance firm

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Below the Comment on SEBI proposal to revamp SME listing regulations vide consultation paper by Makarand M Joshi Founder MMJC and associates a corporate compliance firm

 

SEBI proposal to revamp listing regulations and compliance requirements for SME comes amid rising number of cases relating to misuse of SME platform by few market participants.

Stricter compliance requirements would ensure there are checks and balances in place for detecting undesired manipulations.

SEBI had amid this in December 2023 made additional surveillance measures applicable to the SME segment in order to increase surveillance on unwarranted trading practices.

With these compliance requirements in place it is likely that compliance costs for SME might get escalated

 

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