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Brightcom Group, CMD, CFO Siphoned Off Proceeds of Preferential Allotments, says SEBI. Also Bars Shankar Sharma, Others from Selling Brightcom Shares

After finding Brightcom Group Ltd (BGL), its promoter, chairman and managing director (CMD) M Suresh Kumar Reddy and chief financial officer (CFO) Narayan Raju were involved in round-tripping of BGLs own funds in a circular fashion to falsely portray receipt of consideration from allottees of preferential allotments and siphoning off of proceeds of preferential allotments, Securities and Exchange Board of India (SEBI) barred top executives of the company as well as investor Shankar Sharma from o...
Ankit Kumar Alya Shivkrishna Harakchand Damani Kishan Prakash Varun Shivkrishna Damani M Suresh Kumar Reddy Kishan Prakash

Centre asks SC to withdraw its order against GM mustard

The government on Tuesday asked the Supreme Court to vacate its November order that restrained environmental release of genetically modified (GM) mustard, saying "the huge policy implications involved deserve early resolution" of the matter as the growing season is fast approaching in September and October.
Aruna Rodrigues Gene Campaign Supreme Court Agricultural Scientists Recruitment Board Interim Order Gm Mustard

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SAT refuses to grant relief to Eros against Sebi order

The Securities Appellate Tribunal (SAT) has refused to grant any immediate relief to Eros International Media, its executive vice chairman Sunil Lulla, and CEO Pradeep Dwivedi from the Securities Exchange Board of Indias (Sebi) interim order, which restrained them from buying, selling, or dealing in securities until further orders.
Sumit Agrawal Pradeep Dwivedi Sunil Lulla Meera Swarup Justice Tarun Agarwala Securities Exchange Board Of India Sebi

Proterra : NOTICE OF (I) DISCLOSURE PROCEDURES APPLICABLE TO CERTAIN HOLDERS OF COMMON STOCK OR OPTIONS, (II) DISCLOSURE PROCEDURES FOR CERTAIN TRANSFERS OF AND DECLARATIONS OF WORTHLESSNESS WITH RESPECT TO COMMON STOCK, AND (III) FINAL HEARING ON THE APPLICATION THEREOF - Form 8-K -Today at 08:39 am

NOTICE OF DISCLOSURE PROCEDURES APPLICABLE TO CERTAIN HOLDERS OF COMMON STOCK OR OPTIONS, DISCLOSURE PROCEDURES FOR CERTAIN TRANSFERS OF AND DECLARATIONS OF WORTHLESSNESS...
United States Rodney Square New York Roberta Britton Paulm Basta Andrewl Magaziner

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