What changes is SEBI making to the Listing Obligations and Disclosure Requirements (LODR) regulations?

SEBI Chairperson Tuhin Kanta Pandey has stated that the process of reviewing and potentially revising the LODR regulations has begun, and it will involve extensive consultations with stakeholders before a final decision is made.

When will SEBI provide clarity on the No Objection Certificate (NoC) for the NSE IPO?

Pandey indicated that clarity on the NSE IPO NoC will be provided at the appropriate time, suggesting the regulator is actively working to resolve any outstanding concerns related to the much-anticipated public listing.

Home / Business and Economy / SEBI Revamps Listing Rules, Promises Clarity on NSE IPO

SEBI Revamps Listing Rules, Promises Clarity on NSE IPO

Q: How are the purposes of IPOs evolving, according to SEBI?

Pandey explained that IPOs are increasingly being used not just for fundraising, but also to provide exit opportunities for existing investors, especially for well-established companies where a premium has already been created.

17 Nov

•

Summary

SEBI begins review of Listing Obligations and Disclosure Requirements (LODR) regulations
SEBI chief says clarity on NSE IPO No Objection Certificate (NoC) will be provided soon
IPOs evolving to focus more on providing exits for existing investors

SEBI Revamps Listing Rules, Promises Clarity on NSE IPO

As of November 17, 2025, the Securities and Exchange Board of India (SEBI) has begun the process of reviewing and potentially revising its Listing Obligations and Disclosure Requirements (LODR) regulations. SEBI Chairperson Tuhin Kanta Pandey stated that this is a significant undertaking and will involve extensive consultations with stakeholders before a final decision is made.

Pandey also addressed the issue of the No Objection Certificate (NoC) for the National Stock Exchange's (NSE) initial public offering (IPO), indicating that clarity on this matter will be provided at the appropriate time. This suggests that the regulator is actively working to resolve any outstanding concerns related to the NSE's much-anticipated public listing.

Furthermore, Pandey commented on the evolving nature of IPOs, noting that they are increasingly serving purposes beyond just fundraising. He explained that many well-established companies are now using IPOs as a means to provide exit opportunities for existing investors, as a premium has already been created. At the same time, Pandey emphasized that SEBI's broader approach is to allow for diversity in the capital markets, ensuring that various types of IPOs can coexist.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.