SEBI allows PE-backed Prabhat Dairy to extend delisting period but adds a rider

The Securities and Exchange Board of India has allowed Prabhat Dairy Ltd six more months to comply with delisting rules in a move that will allow the company’s private equity backers to complete a long-awaited exit. Prabhat Dairy now has until April 13, 2021, to adhere to SEBI’s delisting regulations, the ......