SEBI doesn't like SME IPOs?
In today's episode of The Daily Brief, we cover 3 major stories shaping the Indian economy and global markets:1. SEBI’s Big Move in SME IPOsSEBI tightens SME IPO rules to curb misuse, ensure funds boost growth, and protect investors. Key steps include stricter OFS rules, longer lock-ins, and better monitoring.2. Royalty Payments Under SEBI's LensSEBI flags ₹10,779 crore in FY23 royalties, often exceeding profits. It proposes linking royalties to earnings, better disclosures, and expiry dates for
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