Mumbai, Sep 9
In a major relief for startup founders planning to go public, the Securities and Exchange Board of India (SEBI) on Tuesday announced that it has amended its rules to allow promoters to retain employee stock options (ESOPs) granted at least one year before filing IPO papers.
Meanwhile, earlier this week, the market regulator revised settlement schedules for the equity and derivatives segments in view of settlement holidays declared on September 5 and 8, 2025, by clearing corporations.
“The settlement for trades on September 8 (Monday) and September 9 (Tuesday) will be completed on September 10 (Wednesday),” the market regulator said on Monday.