Sebi had given the exchanges a 2-year window to comply or exit.
Food and grocery retailer Subhiksha has taken the acquisition route to list its shares on the stock exchanges. The company wants to avoid an initial public offer in view of the turbulence in the capital market.
The Bombay Stock Exchange on Friday opened an exclusive Investor Service Centre in Chennai, offering a complete range of services including redressal of investor complaints along with acting as a single window for all queries on stock markets.
Sell it to the company's shares during the next year.
Reports have suggested Rs 400-650 as the possible IPO price
It pegs the value of these companies at Rs 2 lakh crore (Rs 2 trillion).
List of disappearing entities could see additions, for first time in 20 years.