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Fox & Mandal acted as sole legal counsel to Priority Jewels Limited and advised the Company on legal due diligence and the drafting of the offer document in connection with the IPO.
This comprised sale of 5.94 % stake by the Seller in the Company for a reported aggregate amount of INR 951.21 crores.
Antfin (Netherlands) Holding B.V., a major shareholder in One97 Communications , the parent company of Paytm , has sold its entire remaining stake in the company.
SEBI and BSE has unveiled a revamped ESM framework designed to elevate India’s market surveillance architecture, enhancing transparency and investor protection.
Cyril Amarchand Mangaldas advised Aditya Birla Fashion and Retail Limited (“ABFRL”) (as sole counsel) on listing of Aditya Birla Lifestyle Brands Limited
The special court passed the order on the complaint filed by Sapan Shrivastava, a media reporter, seeking investigation into the alleged offences committed by the accused persons, involving large scale financial fraud, regulatory violations, and corruption.
Respondents have not shown any active role of petitioner in the capacity of the promoter, in the management of the company, Shrenuj, and any role and obligation factually fastened on petitioner in the various compliance which are required to be undertaken under SEBI (LODR) Regulations, at the time of freezing of his demat accounts.
Delhi High Court observed that on perusal of all the necessary rules and regulations, the statutory provisions do provide a robust mechanism to safeguard the interest of investors and by no stretch of imagination, it can be said that the interest of investors is not at all protected.
Securities Exchange Board of India (SEBI): Madhabi Puri Buch (Whole Time Member), prima facie found two Infosys employees and 6 others violating