SEBI Abolishes ₹1 Security Deposit for Public Issues: A Game-Changer for Retail Investors
SEBI Abolishes ₹1 Security Deposit Mandate for Public Issues Introduction: SEBI’s Recent Decision on Security Deposit Mandate The Securities and Exchange Board of India (SEBI) has recently abolished the mandate requiring a ₹1 security deposit for public issues in the Indian stock market. This significant move aims to streamline and simplify the process of public…