[ad_1] Arohan Financial Services faced a temporary default rating downgrade due to regulatory norms outlined in the SEBI circular dated November 18, 2024. However, the company was simultaneously upgraded by rating agency ICRA. Company Value Change %Change The downgrade stemmed from a delay in transferring ₹44,609 in interest payments to six debenture holders. The delay […]
SEBI clarifies rules on change in control for investment advisers, research analysts, KRAs – CNBC TV18
[ad_1] Markets watchdog SEBI on Friday clarified the rules for transfer and transmission of shareholding among immediate relatives for investment advisers, research analysts, and know your client (KYC) registration agencies (KRAs). Company Value Change %Change The move aims to streamline regulatory compliance and protect investor interests while ensuring transparency in the functioning of these intermediaries. […]
Archit Nuwood Industries IPO delayed due to exchange queries – CNBC TV18
[ad_1] The initial public offering (IPO) of Archit Nuwood Industries, a small and medium-sized enterprise (SME) seeking to raise ₹168.48 crore through the issuance of 62.4 lakh shares, has been postponed. The IPO, initially scheduled to open on August 30, 2024, has been delayed due to new queries raised by the stock exchanges. Archit Nuwood […]