A new era dawns for unlisted shares trading as SEBI rolls out pathbreaking regulations to instill discipline and openness. Investors stand to gain from a safer, more accessible private market.
Plagued by inconsistencies – from premium gouging to delayed settlements – the unlisted segment begged for reform. SEBI’s detailed roadmap delivers just that.
Highlights: Compulsory use of SEBI-approved platforms, periodic audits for intermediaries, and public dissemination of trade data. Retail access expands via simplified apps. ‘It’s a transparency revolution,’ enthuses market watcher Neha Gupta. ‘No more guesswork on valuations.’ The framework emerged from rigorous consultations, incorporating fintech innovations for seamless execution.