'Open to change start-up listing norms

As the capital markets gear up for more listings of start- ups, the chairman of the Securities and Exchange Board of India (Sebi) assured willingness to consider suggestions that could make fund raising easier for such companies.

UK Sinha, the chairman, emphasised their effort was to create a conducive climate for such entities, and to ensure these raised money domestically through the markets, rather than from places such as Singapore or America.

To attract new- age companies into the capital market, Sebi, in August, notified relaxed listing norms for such entities.

Participating at an event here on start- ups, organised by the PHD Chamber of Commerce and Industry, he said the regulator was willing to consider suggestions for possible changes in the listing norms.

Business Standard, New Delhi, 13th Oct. 2015

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