Just 10 months after listing, Sebi bars SME company from markets over financial irregularities

Just 10 months after listing, Sebi bars SME company from markets over financial irregularities

Capital markets regulator Sebi has come down heavily on Gujarat-based Kalahridhaan Trendz, a recently listed SME company, and its promoters for failing to report payment defaults and misleading corporate announcements. In an interim order, the regulator barred the company and its promoters from accessing or associating themselves with the securities market in any manner. “The … Read more

Vibhor Steel Tubes among 4 IPOs set to hit the Street this week. Check details

Vibhor Steel Tubes among 4 IPOs set to hit the Street this week. Check details

As the third quarter earnings are about to end, inflows into the primary market are expected to continue as several companies prepare to launch their public offerings this week. Meanwhile, mainboard IPOs Apeejay Surrendra Park Hotels, Rashi Peripherals, Jana Small Finance Bank, Capital Small Finance Bank, and Entero Healthcare Solutions will debut on the bourses … Read more