Latest Updates Around The World
Market regulator Securities and Exchange Board of India (Sebi) imposed fines of RS 30 Lakh and RS 5 Lakh on Monday on two former non-executive independent directors of Brightcom Group for irregularities in the company’s financial statements. The regulator found irregularities in the financial statements of the company for the period between FY15 to FY20. […]
Godrej Agrovet has received an administrative warning from the Securities and Exchange Board of India (SEBI) for the violation of provisions regarding disclosure requirements after the changes to its shareholding in Astec Lifesciences. Sebi’s observation relates to delayed disclosures with regard to changes in the shareholders of more than 2% in the company. The delays […]
The Indian banks in the public sector (PSBs) still have to provide the standards for healthy corporate governance, since the majority of lenders have not filled in important positions on their boards and have been empty for years, according to answers received on RTI submitted by submitted by submitted by line. Bank of Baroda, who […]
Many disclosures of companies to “probably leave a lot for the imagination,” said a Sebi officer on Thursday. During a conference in the National Capital, Rajesh Dangeti, Chief General Manager of Corporation Finance Department (CFD) of the Securities and Exchange Board of India (Sebi), also emphasized the need to ensure that information is not only […]
Mumbai: Financial and Corporate Governance expires at Gensol Engineering and his affiliated extinguishers have disturbed investors to sharpen the conditions of investment contracts and to record extra clauses to protect their investments, lawyers told Toi. A series of fraudsters and governance accident at startups in recent years have already made investors legally careful, but now […]
