SEBI changes rule to determine m-cap of listed firms; 6-month average to be used now
Representational image of the Securities and Exchange Board of India (SEBI) head office in Mumbai | Photo Credit: Reuters Markets regulator SEBI has revamped the method for calculating the market capitalisation of listed companies under the Listing Obligations and Disclosure Requirements (LODR) rules. Instead of using the market capitalisation of a single day (currently March…
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