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Ravi Dubey

Partner (Regional Co-Head - Capital Markets - West) at the Mumbai office of Cyril Amarchand Mangaldas. Ravi has extensive experience in capital markets transactions, representing both issuers and underwriters. He can be reached at ravi.dubey@cyrilshroff.com

Large Issuers, Easier Listings: MPO and MPS Norms Recast Under SCRR

Summary: This article examines the Securities Contracts (Regulation) Amendment Rules, 2026 (“Amendment Rules”), which recalibrate the minimum public offer and shareholding framework under the Securities Contracts (Regulation) Rules, 1957 (“SCRR”). It discusses the key changes, including materially reduced dilution requirements and extended compliance timelines and highlights the legal and operational considerations arising from the amendment for both unlisted and listed large issuers.Continue Reading Large Issuers, Easier Listings: MPO and MPS Norms Recast Under SCRR

Summary: SEBI has proposed amendments to streamline India’s IPO process through a consultation paper. The proposals address two critical areas — enabling lock-in compliance for pledged non-promoter shares and introducing focused offer document summaries to enhance accessibility for retail investors. These changes aim to resolve practical challenges faced by IPO-bound companies, while simplifying complex disclosure requirements for better investor comprehension.Continue Reading Simplifying IPO Process: SEBI’s approach to pledged shares and offer document summaries