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Covid-19 impact: Sebi eases preferential allotment to speed up fundraising

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MUMBAI : The market regulator, Securities and Exchange Board of India (Sebi), on Tuesday relaxed the pricing norms for preferential allotment that will make it easier for listed companies to raise funds at a time when businesses are under financial stress and need of urgent capital due to the covid-19 related economic slowdown.A preferential issue is an issue of shares or convertible securities by listed or unlisted companies to a select group of investors to raise capital in lieu of shares offered.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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How to entertain yourself when you stuck inside due to a pandemic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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