The Securities and Exchange Board of India (SEBI) has eliminated the requirement for companies to submit a no-objection certificate (NOC) to release the security deposit made during the IPO listing process. This change, effective from November 21, follows an amendment to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, which previously mandated a 1% deposit of the issue size for public subscription. The latest circular confirms that the NOC requirement has been withdrawn, streamlining the process for companies seeking to access their funds.