SEBI revamps market cap computation basis for LODR compliance.

Economy Business

Market regulator SEBI has modified the basis for the computation of market capitalisation of listed companies under its LODR regulations. As against an earlier practice of determining the applicability of provisions linked to market capitalisation on a single day’s market cap (currently calculated on March 31), SEBI has now introduced a concept of ‘average market capitalisation’ for a defined period.


      The SEBI move will have a bearing on as many as ten provisions in the Listing Obligations and Disclosure Regulations (LODR) Regulations that apply to listed entities based on market capitalisation, say experts .

     

     

 

     


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