securities and exchange board of india

Nureca files IPO papers with Sebi

by
Nureca files IPO papers with Sebi

Nureca Ltd, which owns the Dr Trust brand, has filed preliminary papers with capital markets regulator Sebi to raise Rs 100 crore through an initial public offering. The IPO comprises issuance of equity shares worth Rs 100 crore, the draft red herring prospectus filed with Securities and Exchange Board of India (Sebi ) showed. Proceeds … Read more

View: A healthy LP-GP relationship needs to be on Sebi’s mind while issuing new diktats

by
View: A healthy LP-GP relationship needs to be on Sebi’s mind while issuing new diktats

Synopsis Sebi has now prescribed onerous obligations on all members of IC and similar bodies like LPAC, which may approve investment decisions. Such members, including external investor nominees and outside professionals, have been made jointly and severally liable as IM for any investment decisions, compliance with the fund documents and applicable laws. This possibly emanates … Read more