New Delhi, Dec. 17 -- The Securities and Exchange Board of India (Sebi), on Wednesday, 17 December, approved changes to the lock-in period norms for initial public offerings (IPOs), along with a new technology-driven disclosure framework, in an effort to ease compliance and boost investor participation.

"The Board approved the amendment to streamline certain requirements relating to public issues to enhance ease of doing business and increase the engagement and participation of retail investors," the markets regulator said in a release.

According to the newly implemented changes cleared by Sebi, in case the lock-in of specified securities cannot be created, the depository agencies will keep a record of such securities as 'non-transferab...