Stocks
Sebi bars Trafiksol ITS, its promoters from securities market for 1 year; slaps Rs 1.05 cr fine
Sebi has taken decisive action against Trafiksol and its promoters, imposing a one-year ban from the securities market. The company and its directors face penalties totaling Rs 1.05 crore after being found in serious breach of regulations concerning financial disclosures and the allocation of IPO funds. The decision comes in light of complaints regarding Trafiksol's SME IPO, which was significantly oversubscribed at a rate of 345.
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First drones, now missiles. The spending is certain, who gets the maximum is not: 14 stocks from the defence ecosystem- Sebi bars Trafiksol ITS, its promoters from securities market for 1 year; slaps Rs 1.05 cr fine
- MCX logs record daily turnover of Rs 62.93 lakh crore amid strong activity
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