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Jay Ushin ltd Q1FY22 PAT at Rs. 1.50 crore

Jay Ushin ltd Q1FY22 PAT at Rs. 1.50 crore
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Jay Ushin reports standalone net profit of Rs 7.49 crore in the March 2021 quarter

Jay Ushin reports standalone net profit of Rs 7.49 crore in the March 2021 quarter
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Japanese firm Minebea Mitsumi settles takeover norms violation case with Sebi; pays Rs 17 lakh

Japanese firm Minebea Mitsumi settles takeover norms violation case with Sebi; pays Rs 17 lakh
PTI
Minebea Mitsumi Inc has settled with Sebi a case of alleged delay in making a public offer in respect of the acquisition of shares in Jay Ushin Ltd, on payment of a little over Rs 17 lakh towards settlement charges.
This comes after Minebea Mitsumi approached the Securities and Exchange Board of India (Sebi) to settle the case.
Consequently, Sebi, through a settlement order passed on April 19, said "the proceedings that may have been initiated for the defaults ... be settled qua the applicant".
Besides, the regulator said it will not initiate enforcement action against the applicant for the said defaults.

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