News & Media 26th Jul 2023

Reverse book-building process: Ideal for stakeholders, bane for promoters

Authors

Manendra Singh Partner | Mumbai

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Delisting regulations have taken centrestage following Sebi chairperson’s statement that norms governing the process are being reviewed. Drawing a parallel with ‘Abhimanyu’, the Sebi chief said the regulator doesn’t want entities to be “trapped” inside the market. Data shows that over the past decade, close to a fifth of the companies that have sought a delisting have failed to go through with the process.

Against this backdrop, ELP’s Partner, Manendra Singh has been quoted in an article “Reverse book-building process: Ideal for stakeholders, bane for promoters”,  published by The Financial Express.

Read the article here

 

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