Sebi extends IPO approval validity till Sept 30 amid West Asia tensions, weak sentiment

In a circular, Sebi said that observation letters, its formal approvals for public issues, due to expire between April 1, 2026 and September 30, 2026 will now remain valid until September 30, 2026. Under existing norms, companies must launch their offerings within 12 to 18 months from the date of receiving these approvals.

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