SEBI grants one-time extension for IPO approvals amid weak market conditions
The Securities and Exchange Board of India (SEBI) has granted a one-time relaxation by extending the validity of IPO observation letters expiring between April 1 and September 30, 2026, till September 30, 2026. The move effectively gives companies an additional six months to launch their public issues without restarting the approval process. Typically, observation letters…
