Question
Recently SEBI has penalises how many entities for
diverting IPO proceeds in Birla Pacific Medspa case?Solution
Capital markets regulator SEBI has imposed penalties totalling Rs 3.42 crore on 10 entities, including Birla Pacific Medspa and Yashovardhan Birla, for violating listing agreements as well as diverting proceeds from the initial public offer of Birla Pacific Medspa Ltd. The regulator imposed a fine of Rs 1.07 crore on Birla Pacific Medspa Ltd, Rs 32 lakh on Abhijit Desai, Rs 26 lakh on PVR Murthy and Rs 25 lakh each on Yashovardhan Birla, Venkateshwaralu Nelabhotla, Mohandas Adige, Anoj Menon, Rajesh Shah, Upkar Singh Kohli and Tushar Dey. Learn Along: SEBI Headquarters: Mumbai Chairman: Madhabi Puri Buch When a private company first sells shares of stock to the public, this process is known as an initial public offering (IPO). In essence, an IPO means that a company's ownership is transitioning from private ownership to public ownership. For that reason, the IPO process is sometimes referred to as going public.
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No rectangle is a square.
Conclusions:I. No square is a rectangle.
II. Some rectangles are...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...
Statements:
All microscopes are telescopes
No telescope is a screw
All screws are rockets
Conclusions:
I....
Statements:Some villages are towns.
Some towns are huts.
All huts are rivers.
Some rivers are tents.
Conclusions:I. Some t...
Three statements are given, followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to be at variance wit...
Statements:
Some bags are trolleys.
All trolleys are luggage.
Some luggage is a warehouse. ...
Three statements are given followed by three conclusions numbered I, |I & Ill. Assuming the statements to be true, even if they seem to be at variance ...
- Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance wi...
Statements : All roses are Daisy.
No Lilly is a rose.
No Daisy is a Tulip.
Conclusions : I . No Tulip is a Daisy.
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