SEBI penalises 10 entities for diverting IPO proceeds in Birla Pacific Medspa case

SEBI penalises 10 entities for diverting IPO proceeds in Birla Pacific Medspa case

The order came after SEBI conducted an investigation into the initial public offer of Birla Pacific Medspa Ltd (BPML) for the period July 7 to 15, 2011 The order came after SEBI conducted an investigation into the initial public offer of Birla Pacific Medspa Ltd (BPML) for the period July 7 to 15, 2011 Capital […]

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Sebi imposes ₹2 crore fine on Rana Kapoor in Yes Bank AT-1 bonds case

Sebi imposes ₹2 crore fine on Rana Kapoor in Yes Bank AT-1 bonds case

Capital markets regulator Sebi on September 7 imposed a penalty of ₹2 crore on former Yes Bank MD and CEO Rana Kapoor for mis-selling the private sector lender’s AT-1 bonds. He has been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. The case […]

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