Easier dilution norms for large IPOs where post-listing m-cap tops Rs 1 trn – Business Standard

Move seen as precursor to LIC IPO; 5% minimum public shareholding compulsory on IBC relisting TopicsIPO|LIC |market cap Easier dilution norms for mega initial public offerings (IPOs) have come into effect. Companies with post-listing market capitalisation (m-cap) of more than Rs 1 trillion will not be required to dilute a minimum of 10 per cent.…

The road to business recovery starts here – Business Post

Covid-19 has put the cashflows of many businesses under severe pressure. While business levels are starting to recover, the withdrawal of government supports will lead to greater liquidity problems and increased creditor pressure. Crowes corporate restructuring and insolvency advisors can help business owners find turnaround solutions and put the business back on the recovery pathway.…