Tue Nov 26 00:59:01 UTC 2024: ## SEBI Halts C2C Advanced Systems SME IPO Following Investor Complaints

**Mumbai, India –** The Securities and Exchange Board of India (SEBI) has postponed the initial public offering (IPO) of C2C Advanced Systems, a provider of technology products and services, in the SME segment. The decision, announced Monday, follows complaints received from investors.

The IPO, originally scheduled for November 29th, has been delayed pending the completion of an independent audit ordered by SEBI. Investors who participated in the IPO will be offered full refunds.

This is the second SME IPO postponement this month. Earlier, SEBI halted the IPO of Rosmerta Digital Services, which was slated to be the largest ever in the SME segment, also due to investor concerns. Both actions highlight SEBI’s commitment to protecting investors in the rapidly growing SME market. The regulator’s swift response underscores its proactive approach to addressing investor complaints and ensuring fair market practices.

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