Sebi Consults Ministry to Regulate Unlisted Share Market Amid Price Disparities

The Securities and Exchange Board of India (Sebi) is engaging with the Ministry of Corporate Affairs to explore regulating the unlisted share market. Legal experts suggest that legislative amendments could broaden Sebi's jurisdiction, enabling oversight without creating a new regulator. Concerns have been raised over significant price disparities between unlisted shares and their IPO values, attributed to limited regulatory compliance. Sebi is also considering a pilot program for pre-IPO share trading to enhance transparency.