PART A: THE CONCEPT BEHIND PIT REGULATIONS   · Securities and Exchange Board of India (“SEBI”) has been established under the Securities and Exchange Board of India Act, 1992 (“SEBI Act”) with the principal objects of a) protecting the interests of investors in securities ; and b) promoting the development of, and regulating, the securities market, and for matters connected therewith or incidental thereto. · To achieve the above stated objectives, over a period of time, SE

I. Introduction   In a significant move aimed at enhancing confidentiality in the Initial Public Offering (“IPO”) process, the...

On May 10, 2024, the Securities and Exchange Board of India (SEBI) issued a notification, No. SEBI/LAD-NRO/GN/2024/176, concerning the...