Which of the following statements is/are correct with reference to the Innovators Growth Platform (IGP)?
A. In 2015, Sebi introduced the Institutional Trading Platform (ITP) with a view to facilitate listing of new age start-ups.
B. Innovators Growth Platform (IGP) is aimed at making the platform more accessible to companies in view of the evolving start-up ecosystem.
C. Both A & B
D. None of these
Explanation:
Securities and Exchange Board of India (SEBI) has notified a slew of relaxations to norms, including reducing holding period for pre-issue capital and allowing discretionary allotment to eligible investors, with an aim to boost listing of start-ups. In 2015, Sebi introduced the Institutional Trading Platform (ITP) with a view to facilitate listing of new age start-ups. Innovators Growth Platform (IGP) is aimed at making the platform more accessible to companies in view of the evolving start-up ecosystem.
