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UP RERA has taken suo moto action against Investors Clinic for contravention of rules in the promotion of the M3M Group project without proper registration and valid RERA registration number. The regulatory authority has issued notices to all real estate agents engaged in the project's promotion and marketing, excluding the promoter. Investors Clinic has been given an opportunity to provide clarification, failing which legal action will be taken against them. It is important for real estate agents and promoters to adhere to the regulations set forth by RERA to ensure transparency and prot...

According to Vikas Ecotech's exchange filing, the committee determined and approved, in accordance with the SEBI ICDR Regulations, the issue price at Rs 2.80 per equity share (including a premium of Rs 1.80 per equity share), which is at a discount of Rs 0.12 per equity share i.e. 4 per cent to the floor price of Rs 2.92 per equity share to be allotted to the eligible qualified institutional buyers in the present tranche., Markets News, Times Now

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