Sebi eases delisting norms, tightens finfluencer rules

Sebi announced reforms to streamline delisting procedures, protect investors, and tighten eligibility criteria for stocks in the F&O market. It barred registered advisors from partnering with unregistered influencers to prevent misleading investment claims and eased delisting rules with a fixed-price mechanism and lowered the counteroffer threshold. Additionally, Sebi introduced 'adjusted book value' for both illiquid and liquid stocks.