SEBI Amends Delisting Regulations: New Exemption for Securities Listed Without Public Issue on Institutional Trading Platforms.

The Securities and Exchange Board of India (SEBI) issued the Second Amendment to the Delisting of Equity Shares Regulations, 2015, effective upon publication in the Official Gazette. This amendment modifies the 2009 regulations by substituting a proviso in regulation 3, sub-regulation (1), stating that these regulations do not apply to securities listed without a public issue on the institutional trading platform of a recognized stock exchange. The amendment is part of SEBI's ongoing regulatory adjustments, following previous amendments in 2013 and March 2015.

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