IPO, FPO and SME listing rules: SEBI to review framework, says Chairman Tuhin Kanta Pandey

SEBI is reviewing IPO, FPO and SME listing rules, seeking clearer disclosures, stronger oversight of IPO proceeds and lower-cost, more efficient SME listings. Chair Tuhin Kanta Pandey also wants to prepare more businesses for listing and remove inactive firms that may pose shell-company risks.