SEBI mulls mandatory confirmation, denial on media reports by top 250 listed firms

SEBI mulls mandatory confirmation, denial on media reports by top 250 listed firms

To streamline disclosure requirements, markets regulator SEBI has proposed mandating the top 250 listed companies to confirm or deny any information reported in the mainstream media, which may have material effect on the listed entity. In addition, SEBI has suggested reducing the timeline to 12 hours from the occurrence of event or information from 24 […]

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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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