The Securities and Exchange Board of India (Sebi) board on Saturday did not make any changes to existing delisting regulations, citing insufficient data. “Since the number of delisting applications over the five years was small, the data was quite limited to draw significant conclusions. Therefore, the board suggested we go back and gather more data, and undertake further consultations,” said Sebi chairperson Madhabi Puri-Buch, speaking to the press following the board meeting.

Earlier, it was expected that the market regulator would make changes in the delisting regulations because companies and even legal experts have said that the process of delisting is rather complex. And even a small set of investors are able create significant hurdles to the process.