The case centred on Karvy Stock Broking Ltd (KSBL), the parent company of Karvy Capital, which holds nearly 100 per cent holding in the fund manager
In a joint statement, the Kirloskar companies said they have filed the appeal before SAT challenging the Sebi letter dated December 30, 2024
The issue was noted when the BRLMs sent an email to Sebi requesting an update in the red herring prospectus (RHP) regarding the increased authorised share capital
Front-running is a fraudulent practice where traders use advance knowledge of large client orders for personal profit, as seen in Ketan Parekh's case
ZEE share news: The surge in ZEE shares today came on news that market regulator Sebi has rejected a settlement application filed by Zee Entertainment Enterprises and Punit Goenka
The company plans to utilise the proceeds from the fresh issue to meet its long-term working capital requirements
Capital markets regulator Sebi on Thursday is offering a range of free tools and resources on its investor website and the 'Saarthi' App as part of its investor education initiatives.
Kolkata-based agro-based company Regaal Resources Ltd has filed its draft red herring prospectus (DRHP) with market regulator SEBI to raise funds through an initial public offering (IPO).
Sebi directs Rs 66 crore disgorgement
ITI Asset Management Limited has appointed Jatinder Pal Singh as its chief executive officer
The matter pertains to alleged violations of LODR regulations
The Securities and Exchange Board of India cracked down on the derivatives market after a 40-fold boom that led to billions of dollars in losses for retail investors
The company has reduced the size of its offer for sale component to nearly 1.43 crore equity shares from 1.84 crore shares as planned earlier
For indices that serve as primary benchmarks for active schemes, the AUM of these active schemes will also be included
Aims to ease compliance and simplify disclosure requirements by integrating periodic filings under governance and financial categories
The latest move aims to reduce compliance burdens by unifying multiple periodic filing requirements into a single system
The framework is designed to encourage new entrants, promote innovation, and foster investment diversification in the mutual fund industry
The clarification came after Sebi addressed queries from stakeholders regarding the framework introduced in August this year
Sebi in a letter dated December 30, 2024 advised the companies to disclose the DFS, entered into amongst the members of the Kirloskar family in their personal capacity
The initial public offer is a mix of fresh issue of shares of up to Rs 238 crore and an offer-for-sale (OFS) of up to 93 lakh equity shares each by the promoters