Administrative warning issued in relation to the IPO of Western Carrier (India)
The measures aim to simplify compliance and streamline disclosure requirements by integrating periodic filings under two broad categories: governance and financial
Allegations against the chairperson overshadow several key reform initiatives by the market regulator
Financial advisors also assist in selecting cost-effective and tax-efficient products
According to Pantomath, funds raised through IPOs in India this year rank second-highest globally after the United States
The IPO includes a fresh issue of equity shares worth Rs 1,000 crore and an offer-for-sale of up to 189.3 million equity shares by Greaves Cotton Limited and Abdul Latif Jameel Green Mobility Solution
The flexible workspace provider is backed by WestBridge Capital. It will use the proceeds for funding capital expenditure towards the establishment of new centres, repayment or pre-payment
The Religare open offer is priced at Rs 235 per share, amounting to Rs 2,116 crore
Distributors will no longer benefit from higher commissions for switching existing investments to NFOs
The regulator has laid down a few investing rules and regulations for this strategy. The new product line may have offers across open-ended, close-ended, and interval investment strategies
FPIs to issue ODIs only through a separate registration
Regulator notifies investment rules for 'specialised investment fund'
The mutual fund investment tracing and retrieval assistant, or MITRA, platform will help trace inactive and unclaimed folios, thereby preventing potential misuse
n a letter to the bank, Sebi said the violations by the bank have been viewed seriously, and the bank has been warned to be careful in future
The 2024 edition of the survey shows that 14 per cent of Nifty 100 companies in FY24 had 14 or more directors, up from eight such companies in FY21 and 11 in FY23
Solar-powered agricultural water pump systems provider GK Energy Ltd has filed preliminary papers with markets regulator Sebi to garner funds through an initial public offering (IPO). The proposed IPO of the Pune-based firm is a combination of fresh issue of shares worth Rs 500 crore and an Offer-for-Sale (OFS) of 84 lakh equity shares by selling shareholders, the draft red herring prospectus (DRHP) showed. The company plans a pre-IPO placement of shares aggregating to Rs 100 crore. If the pre-IPO placement is completed, the fresh issue size will be reduced. According to the draft papers filed on Friday, proceeds from the fresh issue to the tune of Rs 422.46 crore will be used to fund its long-term working capital requirements and the remaining funds for general corporate purposes. GK Energy Ltd is a leading pure play provider of engineering, procurement, and commissioning (EPC) services for solar-powered agricultural water pump systems. These solar-powered agricultural water pump
Ex-WTM S K Mohanty-led expert panel laid the groundwork for these reforms
HDFC Bank said that it will take necessary steps to address the concerns and directives mentioned in the letter
Unlisted securities, issued by smaller companies, often promise high interest rates of 15-18 per cent to attract investors
According to the Sebi circular, the T+0 cycle will be available on an optional basis for the top 500 companies by market capitalisation from January 31, 2025