SC upholds SAT order on penalty for manipulating Ruchi Soya share price
SEBI had imposed penalties on these entities in 2022 for manipulating Ruchi Soya stock in 2012.
Source: moneycontrol.com
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SC Slaps Rs25 Lakh Cost on Karan Gambhir for Filing False Criminal Complaint and Forum Hunting
Coming down heavily on one Karan Gambhir for filing a false criminal complaint and wishful forum shopping in a commercial dispute, the Supreme Court imposed a cost of Rs25 lakh on Mr Gambhir.
Source: moneylife.in
Sebi Penalises Nine Entities For Manipulating Ruchi Soya Stock Prices
Sebi observed that three entities as buyers placed buy orders in the scrip of Ruchi Soya at a price higher than the Last Traded Price (LTP), although sell orders were available in the system for the requisite quantity at a lower price, during the investigation period, , sebi, ruchi soya, Manipulation
Source: businessworld.in
WindForce announces LKR 3.2bn IPO to boost renewable energy in Sri Lanka & abroad
WindForce Limited, the pioneers in the growth and supply of renewable energy in Sri Lanka, has announced an Initial Public Offering (lPO) that aims to raise Rs.3.24 billion to fund its strategic expansion and growth in the renewable energy sector. The IPO offers 202,615,341 ordinary voting shares at Rs.16 per share and aims to raise Rs.3,241,845,456. The Joint Managers and Financial Advisors to the issue are CT CLSA Capital (Pvt) Limited and Capital Alliance Partners Limited. WindForce has been issued a [SL] AA- (stable) credit rating by ICRA Lanka, which is the highest rating given to a co...
Source: lankabusinessonline.com