Sebi gives nod to Shriram Properties’ CMD Murali Malayappan for indirect acquisition
Market regulator Securities and Exchange Board of India (Sebi) has cleared the indirect acquisition of Shriram Properties by the company’s Chairman and Managing Director Murali Malayappan. Malayappan owns 0.08% of smallcap company Shriram Properties, whose market capitalisation is at Rs 1,874 crore. Among other shareholders are Shriram Group Executives WelfareTrust (SGEWT) which has a 0.14% … Read more