SEBI plans to remove inactive companies from stock exchanges, says chairman

The Securities and Exchange Board of India (SEBI) has announced steps to delist companies without meaningful economic activities from stock exchanges, aiming to safeguard investor interests. Chairman Tuhin Kanta Pandey underscored the risks these companies pose to market trust. Additionally, SEBI is set to refine the SME listing framework and ease regulations for foreign portfolio investors, thereby boosting market access for retail investors.

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