This rush has come about despite Sebi extending the deadline by six months.
The regulator said retail investors would be restricted from investing in such companies, given the risks involved.
One in six are from family, 119 firms comply in March; 313 yet to meet requirement.
India’s first IFSC is being set up at GIFT City near Ahmedabad in Gujarat.
Conversion of debt into equity promises relief to a stressed system. Banks must use flexibility with care.
Move expected to capture trading worth about Rs1,334 cr per day.
Sebi has asked all listed companies to mandatorily appoint at least one woman director on their boards by the end of this month…
Presiding Officer’s proposal for reduction in ban period rejected by 2 members of SAT bench
Jaitley met foreign portfolio investors (FPIs) and discussed various issues relating to the capital market.
Jaitley’s budget takes bold steps but also spells out the task cut out for a round-the-clock government.
The proposed merger of the Forward Markets Commission (FMC) with Sebi was recommended by the Justice Srikrishna committee.
Sahara AMC is part of Sahara group that has been engaged in a long-drawn battle with Sebi.
These orders come after Sebi in October last year barred DLF and its six top executives from markets for three years for suppressing keyinformation at the time of its IPO in 2007.
While 24 entities have been barred from the capital market, nine others have been restrained from trading in the shares of Kamalakshi Finance.
The regulator would make the amendment to the Sebi (Delisting of Equity Shares) Regulations, 2009.