The Supreme Court on Wednesday tagged Congress leader Jaya Thakur's plea seeking an investigation against Adani Group and its associates in the light of disclosure made by Hindenburg Research report with two other petitions related to it and listed it for hearing on February 17.
Thane (Maharashtra) [India], February 15 (ANI/BusinessWire India): SIL will open its Initial Public Offering starting from February 16th, 2023, and the issue will close on February 21st, 2023. According to the prospectus filed with BSE SME, 24,99,600 equity shares are offered at a price band
Mumbai (Maharashtra) [India], February 6 (ANI/PNN): Public issue of Indong Tea Company Ltd - one of leading tea garden in the foothills of a Himalayan Range is scheduled to open for subscription on February 9. Company received approval to launch its public issue on BSE SME Exchange Platform.
Speaking after a post-Budget 2023-24 conference in Mumbai on Saturday, while mentioning the FPO of the group, she said, "This is not the first time that some FPO (follow-on public offering) is taken back. How many times that has affected the image of the country?"
The company said in a release that given the unprecedented situation and the current market volatility, it "aims to protect the interest of its investing community by returning the FPO proceeds and withdraws the completed transaction".
Adani Enterprises had filed a red herring prospectus with the markets regulator Securities and Exchange Board of India (SEBI) for the Rs 20,000 crore follow-on public offer (FPO), the largest ever in India.
Adani Enterprises had filed a red herring prospectus with the markets regulator Securities and Exchange Board of India (SEBI) for the Rs 20,000 crore follow-on public offer (FPO)
According to the statement shared with exchanges, the company has fixed the floor price for the FPO equity share at Rs3,112 per share, 13 per cent discount from Wednesday's closing of Rs3,584.9 on NSE.
While the report has come as a surprise, Indian fintech giant Paytm has said that it has followed all provisions of applicable law and complied with due process for the grant of employee stock ownership plans (ESOPs), including approval by the shareholders and even earlier, at the time of cl