Please see below my letters to the Chairman of Sebi – Securities and Exchange Board of India during Oct. 2010 as well the one in 2007 to the then Chairman of Sebi and the then Managing Director of CRISIL. Sebi had introduced a wonderful ‘mandatory grading’ for companies that go in for IPO. Please have a look at it.
Shri C B BHAVE, Chairman
Securities and Exchange Board of India, Bandra(East), Mumbai 400051 Continue reading