mumbai, April 8 -- India markets regulator on Tuesday granted a one-time extension for approved initial public offerings (IPOs) that are being deferred due to weak market sentiment as a result of the West Asia war, which has entered the sixth week. The relief will apply for companies whose regulatory approval will lapse between April 1 and September 30, the Securities and Exchange Board of India (SEBI) said, extending it to until September 30. India mandates that companies must go public within 12 to 18 months of regulatory approval. The regulator said exchanges will not penalize companies that cannot meet the requirement of having a minimum of 25% shares with the public. This leeway will also be until September 30. Similar extensions were ...