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No violation of SEBI Takeover Regulations: RIL promoter group

No violation of SEBI Takeover Regulations: RIL promoter group ​ By IANS | ​ 6 Views Reliance. (File Photo: IANS). Image Source: IANS News New Delhi, April 8 : The promoter group of Reliance Industries Limited (RIL) has informed the company that there has been no violation of SEBI Takeover Regulations and it has complied with the applicable laws. The RIL promoter group has also said that an appeal will be referred to the Securities Appellate Tribunal and it remains confident of vindicating its position, as per an RIL filing. As per a regulatory filing, RIL had issued debentures with convertible warrants in the year 1994 and allotted equity shares against the warrants in the year 2000.

Welcome To IANS Live - BUSINESS - No violation of SEBI Takeover Regulations: RIL promoter group

Photo Credit: IANS IANSLive New Delhi, April 8 (IANS) The promoter group of Reliance Industries Limited (RIL) has informed the company that there has been no violation of SEBI Takeover Regulations and it has complied with the applicable laws. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 08-April-2021

Reliance to appeal in SAT against Sebi fine on Mukesh Ambani

Updated Apr 08, 2021 | 19:30 IST The fine had been imposed for not making regulatory disclosures when they collectively raised their shareholding in Reliance by 6.83% by subscribing to a January 2000 issue. Reliance to appeal in SAT against Sebi fine on Mukesh Ambani  New Delhi: Reliance Industries Chairman Mukesh Ambani will appeal against the fine imposed by market regulator SEBI over alleged irregularities in a two-decade-old share issue in the company, the firm said on Thursday. Reliance Industries Ltd (RIL) had issued debentures with convertible warrants in 1994 and allotted equity shares against the warrants in 2000. There has been no violation of Regulation 11(1) of the SEBI Takeover Regulations and they have complied with applicable laws. An appeal will be preferred to the Securities Appellate Tribunal and they remain confident of vindicating their position, RIL said in a stock exchange filing.

Purified Terephthalic Acid Market Forecast to Reach $70 5 Billion by 2025

Purified Terephthalic Acid Market Forecast to Reach $70.5 Billion by 2025 Increasing Penetration and Preference of Recycled PET in Developed and Developing Economies Further Driving Purified Terephthalic Acid Market Growth. BriefingWire.com, 4/08/2021 - Purified Terephthalic Acid Market is forecast to reach $70.5 billion by 2025, after growing at a CAGR of 5.3% during 2020-2025. Purified Terephthalic Acid (PTA) is derived from crude oil, through chemical synthesis. Purified Terephthalic Acid (PTA) is majorly used in the production of polyester resin, which is used in the manufacture of polyester film, polyethylene terephthalate (PET) resin, and polyester fiber. Globally, development of efficient and advance technology, rising demand for polyester resin and Polyethylene Terephthalate (PET), growing textile, coating and packaging industries, and rising per capita consumption and the growing disposable income are the prime growth drivers of purified

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