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Binny Ltd: Four Independent Directors Pay Rs42.57 Lakh To Settle SEBI Adjudication Proceedings

Four independent directors of Binny Ltd agreed to pay Rs42.57 lakh to settle the adjudication proceedings initiated by the Securities and Exchange Board of India (SEBI) for violating SEBI regulations and failing to act independently. Those who agreed to settle the matter include justice (retd) S Jagadeesan, T Manisriram, T Radhakrishnan and Dr DVR Prakash Rao.
Justice Jagadeesan Prakash Rao Shashikumar Valsakumar Exchange Board Of India Audit Committee Binny Ltd

Binny Ltd: 4 Independent Directors Pay Rs42.57 Lakh To Settle SEBI Adjudication Proceedings

Four independent directors of Binny Ltd agreed to pay Rs42.57 lakh to settle the adjudication proceedings initiated by the Securities and Exchange Board of India (SEBI) for violating SEBI regulations and failing to act independently. Those who agreed to settle the matter include justice (retd) S Jagadeesan, T Manisriram, T Radhakrishnan and Dr DVR Prakash Rao.
Justice Jagadeesan Prakash Rao Shashikumar Valsakumar Binny Ltd Audit Committee Exchange Board Of India

EPACK Durable Limited Initial Public Offer to open on January 19, 2024

National, January 16, 2024: EPACK Durable Limited (โ€œEPACKโ€ or the โ€œCompanyโ€), shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Friday, January 19, 2024.The total offer size of Equity Shares of face value โ‚น 10 eac
Ajay Singhania Rajjat Kumar Bothra Nikhil Bothra Preity Singhania Laxmi Pat Bothra Nitin Bothra

UPSC Key—4th January, 2024: Status of Tigers in India, Indian Science Congress and Direct Benefit Transfer

Exclusive for Subscribers from Monday to Friday: Why Nyuntam Aay Yojana (or Minimum Income Scheme) and cyber kidnapping are relevant to the UPSC Exam? What significance do topics like Voter Verifiable Paper Audit Trail (VVPAT), PM-Kisan Scheme and Adani-Hindenburg case have for both the preliminary and main exams? You can learn more by reading the Indian Express UPSC Key for January 4, 2024.
Uttar Pradesh United States West Bengal Jammu And Kashmir United Kingdom Rajya Sabha

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LIC shares in focus as PSU insurer gets more time to comply with minimum public holding norms

LIC share price: At Thursday's close of Rs 764.55, shares of LIC were trading at 19.43 per cent discount to the IPO issue price of Rs 949. The stock is up 25 per cent in the last one month and 7.78 per cent in 2023 o far.
Department Of Economic Affairs Life Insurance Corporation Of India Ltd Office Memorandum Life Insurance Corporation Of India Life Insurance Corporation India Ltd

lic share price: LIC shares zoom 7% as OFS overhang eases after Finance Ministry exemption

LIC IPO investors are still sitting at a loss as the stock is trading 13.6% below its issue price of Rs 949. However, in the last few weeks, the stock has seen fresh buying interest. In the last month alone, LIC is up 25%.
Jeevan Ustav Department Of Economic Affairs Life Insurance Corporation Of India Office Memorandum Finance Ministry Listing Obligations

Govt grants LIC exemption from 25% public shareholding rule till 2032

Government-owned Life Insurance Corporation of India (LIC) said on Thursday that the Finance Ministry has granted it a one-time exemption from the minimum 25 per cent public shareholding rule. The rule states that an entity with a market cap of
Life Insurance Corporation Of India Department Of Economic Affairs Office Memorandum Government Owned Life Insurance Corporation Finance Ministry Economic Affairs

Allowing LIC time period of 10 years is a welcome step

Founder MMJC & Associates Makarand M Joshi on Friday said that the decision of allowing LIC time period of 10 years to achieve minimum public shareholding is a welcome step looking at the current situation of the global stock markets and ...
New Delhi Life Insurance Corporation Of India Office Memorandum Department Of Economic Affairs Associates Makarandm Joshi On Makarandm Joshi

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