3 insights to kick-start your day, featuring Sebi’s stand 0n startup promoters

Control panel This just happened. Startup founders or promoters? Or both? Sebi says startup founders with over 10% stake should classify themselves as promoters. Hidden in plain sight. There is a higher level of disclosure requirement for promoters. Startup founders looking to list in the Indian markets have seen substantial stake dilution – sometimes to single digit – and don't often qualify to be called promoters. So, getting the promoter’s