C2C Advanced Systems SME listing postponed

2 hours ago 1

Capital marketplace regulator Securities and Exchange Board of India (SEBI) connected Monday postponed an imminent listing of shares by C2C Advanced Systems successful the SME segment. Its enactment was successful airy of definite capitalist complaints. C2C Advanced Systems provides a scope of products, nonrecreational services and merchandise engineering solutions.

The regulator postponed the listing until the receipt of an autarkic auditor's study successful the matter.

SEBI announced that investors who participated successful the IPO volition person the enactment to get refunds against their funds.

ALSO READ: Rosmerta Digital Services SME IPO, acceptable to beryllium India's largest successful segment, postponed

In a abstracted substance this month, SEBI portioned automotive integer solutions and organisation services supplier Rosmerta Digital Services' IPO upon receiving definite capitalist complaints.

The projected IPO was set to beryllium the country's largest-ever successful the SME segment.

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