Distributors Body Seeks Regulatory Action Amid Ongoing Competition Proceedings
The All India Consumer Products Distributors Federation has urged the market regulator to pause initial public offerings of loss-making quick-commerce and closely related e-commerce companies, citing concerns over investor protection and the impact on India’s retail trade ecosystem.In a representation submitted to the Securities and Exchange Board of India, the federation called for immediate measures, including a temporary pause on IPO approvals, until ongoing proceedings before the Competition Commission of India are conclusively resolved.Concerns Over Loss-Making Business Models
The All India Consumer Products Distributors Federation stated that...