Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch says the instantaneous settlement or trading+0 (T+0) settlement plan would start by 28th March on an optional basis. At present, the Indian stock market follows a T+1 settlement cycle for all scrips.
Feb 29 (PTI) Sebi on Thursday barred 12 entities, including promoter of V Marc India Ltd, from the securities market for engaging in a fraudulent scheme to manipulate volumes and price of the company's shares.
SEBI Bans 12 Entities From Securities Market for Manipulative Trades in V Marc India latestly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latestly.com Daily Mail and Mail on Sunday newspapers.
Market regulator Securities and Exchange Board of India (SEBI) has barred 12 entities, including the promoter of V Marc India Ltd, from the securities market for engaging in a fraudulent scheme to manipulate the volumes and price of the Company's shares since its listing.
(Bloomberg) -- India’s cables and wires bellwether Polycab India Ltd. plunged by a record on Thursday as investor concerns over reports of tax evasion compounded.Most Read from BloombergSEC Authorizes Bitcoin-Spot ETFs in Crypto’s BreakthroughAmazon’s Twitch to Cut 500 Employees, About 35% of StaffGoogle Lays Off Hundreds in Hardware, Voice Assistant TeamsSEC Says FBI Is Investigating Compromise of Agency’s X AccountBoeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 AddressPolycab, whi
Plaza Wires IPO opens for subscription today, offering wires, cables, and electrical goods under various brands. The company plans to use the funds for expansion and working capital. The IPO price band is set at ₹51 to ₹54 per share.
V-Marc India Limited Initial Public Offering of Equity Shares opening on Thursday, March 25, 2021 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Wire & Cable Manufacturer, V-Marc files for IPO
Posted On: 2021-02-19 03:02:43 (Time Zone: Arizona, USA)
Wires and Cables manufacturer, V-Marc India Ltd, has filed its document with the regulator for an Initial Public Offering of upto 68,40,000 Equity Shares of Face Value of Rs 10 per equity share. As per market sources, the company plans to raise about Rs. 25 - 30 crores. The company may consider to do a private placement of 8,40,000 equity shares subject to consideration and consultation of the Book Running Lead Manager.
The company intends to utilize the net proceeds from the issue to fund the capital expenditure for its proposed new manufacturing facility at Roorkee to the tune of Rs. 15.00 crore, for working capital requirements to the tune of Rs. 5.00 crore and balance for general corporate purposes.