Kidnapping from Promoter’s son, Ransom and RS 200-Crore Wipeout! Sebi Exhibit Seacoast Shipings’ Ultimate Shock Twist

Seacoast Shipping Services is located in the center of a securities scandal, so bizarre reads as a crime thriller. According to the final order of the Securities and Exchange Board of India (Sebi), in its August 2023 the company redirected the rights of August 2023 to pay ‘Ransom’ after the kidnapping of the son of […]

Sebi Mulls Relaxing Minimal Public Offer size for large COS; To trim the retail quota in IPO

Markets Regulator Sebi On Monday suggested relaxing the minimum public offer requirements for very large companies and to extend the timeline for them to meet minimum standards for public shareholders. In addition, the supervisor has proposed reducing the costumes in IPO allocations from 35 percent to 25 percent for IPOs of more than RS 5,000 […]