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SEBI clarifies off-market sale of unlisted shares to up to 200 buyers not a public issue
SEBI clarifies that off-market sales of unlisted shares to up to 200 buyers aren't considered a public issue.
TL;DRAI
SEBI cleared off-market unlisted-share sales to up to 200 buyers yearly as non-public issues, streamlining IDBI's divestment. The ruling simplifies secondary transfers, reducing overhead on exits and enabling cleaner portfolio rotations in India.
405 words~2 min read
