SEBI Overhauls Norms To Boost Startup IPOs & Reverse Flipping

SEBI’s board gave its nod to a proposal allowing startup founders to retain their stock options even after their companies are listed, with certain caveats

The regulator’s board also gave its nod to a proposal to permit Category I and Category II AIFs to offer co-investment (CIV) schemes

With an eye on aiding settlements of violations stemming from not migrating to the new AIF framework, SEBI has introduced a one-time settlement scheme for VC firms

The Securities…