SEBI’s new circular includes modifications in the trading criteria of illiquid scrips in periodic call auction, based on the company’s market capitalisation and profitability
Moneylife Digital Team
Market regulator Securities and Exchange Board of India (SEBI) has modified certain conditions on periodic call auction mechanism by modifying how it classifies the so-called illiquid stocks, including modifications based on market capitalization and profitability in the trading criteria on illiquid scrips.
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