Sebi against exuberance, price manipulations in SME listings
The Free Press Journal|December 18, 2024
Capital markets regulator Sebi wants to prevent exuberance, price manipulations and fraudulent trading practices on the Small and Medium Enterprises exchange, a senior official said on Tuesday.
Sebi against exuberance, price manipulations in SME listings

Addressing the India SME Banking Summit here, Whole Time Member Ashwani Bhatia said the regulator's board will be taking up the issue at its forthcoming meeting.

As per media reports, the Sebi board's meet on Wednesday will be discussing issues related to SME board.

"We are cognisant of the fact that we need to prevent exuberance, price manipulation or fraudulent trading practices," Bhatia said, addressing a seminar on Tuesday.

He listed out a slew of concerns which Sebi has observed when it comes to SME listings, and added that it had come out with consultation paper to address same aspects.

"We shall be discussing this in the forthcoming Sebi board meeting which will happen shortly," Bhatia said.

Sebi restricts FPIs

This story is from the December 18, 2024 edition of The Free Press Journal.

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This story is from the December 18, 2024 edition of The Free Press Journal.

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