Along with the repayments done earlier in the month of February, the conglomerate said Adani has prepaid USD 2,016 million of share-backed financing, which is consistent with promoters' commitment to prepay all share-backed financing before March 31, 2023, according to a statement from Adani
SEBI has banned several entities, including actor Arshad Warsi, his wife Maria, YouTuber Manish Mishra and promoters of Sadhna Broadcast - Shreya Gupta, Gaurav Gupta, Saurabh Gupta, Pooja Aggarwal and Varun Media - from the securities market in a case related to uploading misleading video
Enforcement Directorate (ED) provisionally attached movable and immovable assets worth Rs 1.71 crore of two promoters of a Una-based firm in a case related to cheating of gullible investors.
According to the agency, the case involved defrauding people by luring them to invest and trade in forex, commodities and gold by creating a fake website promising exorbitant returns. The cognizance of the offence of money laundering has been taken by the Special Court (PMLA), Madurai.
Chandigarh [India], February 14 (ANI/GPRC): The corporate office of Prime Land Promoters and Builders(PLPB) was inaugurated at Sector 17C, Chandigarh. Dr Sharad Satya Chauhan, Special DGP, Punjab Police and MD, Punjab Police Housing Corporation (PPHC) was the chief guest. City Mayor Anup Gup
"The Promoters have only provided non-disposal undertaking and accordingly, there is no requirement of providing any top-up of shares of Ambuja and ACC or cash top up under the acquisition financing raised last year," says Adani Group-owned ACC and its promoter entity, Ambuja Cements.
In a detailed investigation carried out by SEBI, diversion of funds amounting to Rs 3,535 crore from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates (MACEL), an entity related to promoters of CDEL, was revealed.
Ahmedabad (Gujarat) [India], January 25 (ANI/BusinessWire India): Avance Phytotherapies is a boutique herbal drug development company dedicated to bringing the most unique and effective formulations for neglected diseases and longevity since its inception in 2008. The Ahmedabad based company