Aditya Birla Sun Life AMC Limited (ABSLAMC), a physical subsidiary of Aditya Birla Capital, has drafted the Red Herring Prospectus (DRHP) through a proposal for an initial public offer with the Securities and Exchange Board of India (SEBI). Sale of shares of ABSLAMC. Aditya Birla Capital Limited (ABCL) has approved the sale of 28,50,880 equity …
Aditya Birla files DRHP with SEBI for Sun Life AMC IPO Read More »
Market regulator SEBI has penalized a person for failure to comply with disclosure requirements while dealing with shares of ITC Limited. There was an inquiry by the regulator into the dividend of ITC from April to December 2018. During the investigation, SEBI found that Victor Peter Christopher (notice) is an employee of ITC since January …
SEBI imposed different fines for the revelations Read More »
Market regulator Sebi on Wednesday imposed a $ 5.25 fine in Cairn India by making a misleading announcement about a 2014 stock exchange. In addition, the regulator imposed a fine of Rs 15 lakh each on P Elango, former Cairn CEO, Aman Mehta, former director of the company’s board, and Neerja Sharma, former director (risk …
Sebi fines Cairn India a $ 5.25 fine for restitution Read More »
As of July 2021, SEBI (Securities and Exchange Board of India) is demanding approximately 20% of the significant compensation of employees of joint funds to be part of the scheme they manage. While this decision received positive feedback from the investment community, not all fund managers and AMCs were happy with the change. One of …
Land crash or random? Understanding the authority of SEBI “Leather in the game” Read More »
The capital city of the regulator, the Market for the Securities and Exchange Board of India (Sebi), the detection and the serious error of the Franklin templeton investment funds-India deal with six of the debt, the funds were suddenly closed in April 2020. He is instructed that the fund will provide investors with a six-debt …
In an effort to repatriate investors, Sebi ordered the banks to transfer to his bank account all the funds received from the bank accounts of the 640 party associations of PACL Ltd on Wednesday. Market regulators in September 2016 had ordered the holding of bank accounts and the reduction and withdrawal of funds from these …
Sebi urges banks to transfer funds available to 640 PACL accounts in its a / c Read More »
The regulator SEBI has banned three entities from the capital market for a year for indulging in insider trading in shares of Infibeam Avenues Ltd (IAL). The entities facing the ban are Shah Dhiren Mahendrakumar (HUF), Ami Dheeran Shah and Effluence Fincon Service (P) Ltd as per a final order passed by SEBI on 28 …
SEBI bans 3 entities in Infibeam Avenues Insider Trading case Read More »
The Securities Appellate Tribunal (SAT) has set aside the order of regulator SEBI, which banned Morpen Laboratories from the capital market for a year. In September 2019, SEBI banned Morpen Laboratories for a year from the Capital Market for making misleading revelations about the issuance of Global Depository Receipts (GDRs) in 2003.For this, the company …
SAT sets aside SEBI order in Morpen Laboratories case Read More »
New Delhi: Ruchi Soya Industries, part of the Patanjali Group, is in the final stages of launching its follow-on public offering (FPO) in the last week of February, sources say. Market experts said Ruchi Soya’s FPO will ensure compliance with the minimum public shareholding standards stipulated by the Sebi by significantly increasing the company’s free …
Patanjali’s Ruchi Soya set to launch FPO in February last week Read More »
Vehicles and Popular Services, which include the sale of cars, have submitted the first papers to the financial market regulator Sebi to earn money from the first share sale. The initial public offering (IPO) includes a new release of $ 150 million shares and an offer for sale (OFS) of 42,66,666 shares of shares by …
Popular Vehicles & Services file IPO documents with Sebi Read More »
