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Sebi in its investigation noted that they are repeatedly executing synchronised trades and created a misleading appearance of trading in the scrip without any intention of change in ownership of the security.
Puma shares plunge 23% as weak profit shakes confidencePuma's market value dropped over 22% after reporting lower than anticipated Q4 sales and a decline in annual profit. The company aims to increase its presence in the competitive sportswear market, dominated by Adidas and Nike… Read MoreVodafone Idea Q3 net loss narrows to Rs 6,609 crore on tariff hikes, ARPUVodafone Idea's net loss narrowed to Rs 6,609 crore in Q3, driven by tariff hikes that boosted ARPU. However, the telco continues to face challenges with subscriber losses, now below 200 million. Investments and phased 5G rol… Read MoreUS investor Danny Gaekwad Developments & Investments seeks Sebi exemption for Religare takeoverDanny Gaekwad Developments & Investments has requested Sebi to allow a public announcement for competing offer against Burmans' open offer for Religare Enterprises Ltd. They are also seeking to deposit Rs 60 crore in an e… Read MoreSebi issues guideline for research analysts, investment advisersSebi has released guidelines for research analysts and investment advisers to enhance investor protection and transparency. New requirements include qualification standards, deposit mandates based on client numbers, and strin… Read MoreShareholders reject key ESOP resolutions at Gokaldas ExportsShareholders of Gokaldas Exports rejected four special resolutions related to the company's ESOPs. The resolutions included granting stock options exceeding 1% of equity to the managing director. With 63% support, the resolut… Read More
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