The IPO of Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, will be entirely an offer of sale (OFS) of 17,569,941 equity shares by promoters and existing shareholders
Pan Asia Advisors Ltd, a UK based entity, was the lead manager for the firm's GDR issue
Also, Manoj Jain HUF, Manoj Kantilal Jain, Sanjay Kalwadia HUF are facing a fine of Rs 1 lakh each
Sebi has mandated that clients getting favorable orders on their complaint against market operators will be suitably compensated even if process goes into arbitration and appeals
Paytm was launched in 2009 as a mobile-first digital payments platform to enable cashless payments
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Markets regulator Sebi on Friday confirmed the directions passed against twelve promoters of DHFL which barred them from accessing securities market.
If Paytm achieves its Rs 16,600 cr IPO target, it would surpass the more than Rs 15,000 cr raised by Coal India in 2013
With an aim to boost liquidity in the corporate bond market, Sebi on Friday suggested further capping the number of ISINs for such bonds issued on a private placement basis
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Markets regulator Sebi on Thursday penalised two persons for violating insider trading norms with respect to shares of Mindtree Ltd.
Earlier, stock exchanges had directed stock brokers to discontinue the sale of digital gold on their platforms by September 10
PNB Housing Finance stock was trading at Rs 520.60 apiece on BSE, down 4.99 per cent from previous close
Sebi on Wednesday imposed a total fine of Rs 50 lakh on three entities and two individuals
PNB Housing Finance had fixed the preference issue price at Rs 390 apiece, much lower than the stock price prevailing at that time
Plans to raise Rs 3,500 cr; Axis AMC to be investment manager of the fund, Inversion to provide operational and turnaround expertise
As per the draft papers, the firm may consider raising around Rs 750 crore by way of a private placement of equity shares ahead of the IPO
Investors should observe maximum due diligence while investing in stock market and should not be carried away by stories of unrealistic gains, Sebi Whole Time Member G Mahalingam said
Market players said issue was with CDSL's portal used for authorising debit of securities from demat accounts. The system was set up last year to prevent misuse of power of attorney by brokers
Proceeds from the fresh issuance of shares will be used to purchase medical equipment and general corporate purposes.