Reduces delisting time from 137 days to only 76

Making delisting of companies less cumbersome, capital market regulator Sebi  approved revamped norms that reduce the time taken for completing the process by about half from minimum 137 days at present. ‘Timelines for completing the delisting process has been reduced from 137 calendar days (approximately 117 working days) to 76 working days,’ the regulator said.