Capital market regulator SEBI has indicated that it is ready to have a re-look at new delisting norms. The indication came after Industry opposition was mounted against the existing norms issued last month wherein promoters planning to take their company private have to secure the consent of 25 per cent of public share holders. It has also drawn criticism from market participants. SEBI chairman Upendra Kumar Sinha today told investment bankers in Mumbai that it will relook the norms, but first SEBI will wait for some time to see how it pans out.The SEBI board had earlier approved revamped norms that aimed to reduce the time taken by the delisting process by about half to make the regulatory frame work more effective.Apart from reducing the timeline, the SEBI has also decided to retain the reverse book-building process for discovering the price of shares for the purpose of delisting. But at the same time, it also mandated that for the delisting to be successful, at least 25 per cent of retail share holders should tender their shares.