Latest Updates Around The World
Capital markets Regulator Sebi on Friday said that Synoptics Technologies and its promoters will remain excluded from the securities market to the result of a probe in a case of alleged overrun of IPO yield. The company’s promoters are Jatin Shah, Jagmohan Manilal Shah and Janvi Jatin Shah are also excluded by the regulator. “I […]
Molbio Diagnostics, a point-of-care (POC) diagnostic company, has submitted its concept of Red Herring Prospectus (DRHP) to markets regulator SEBI to raise funds via an IPO. According to the DRHP, the proposed IPO of the Goa-based company is a combination of a new stock sale of RS 200 Crore and an offer for sale (OFS) […]
Private lender Yes Bank on Saturday said that the reserve Bank of India (RBI) Sumitomo Mitsui Banking Corporation (SMBC) has approved to acquire up to 24.99% of the stock capital paid and voting rights from the bank. It is important that RBI has clarified that SMBC will not be classified as a promoter of YES […]
