Question
SEBI has imposed a penalty of _________on Shapoorji
Pallonji and Company for flouting disclosure norms & not taking prior approval from the stock exchange for converting non-convertible debentures (NCDs) into a term loan way back in March 2021.Solution
 SEBI has imposed a penalty of Rs 7 lakh on Shapoorji Pallonji and Company for flouting disclosure norms. In its order, SEBI found that Shapoorji Pallonji and Company did not take prior approval from the stock exchange for converting non-convertible debentures (NCDs) into a term loan way back in March 2021. Also, it failed to submit auditor’s certificate on utilization of funds, half yearly certificate on maintenance of asset cover and annual report to the debenture trustee.
Who is the author of the book titled "Colours of Devotion," which aims at understanding the underlying connection of Indian philosophical concepts of Pu...
Punjab became the first state to empanel sign language experts under which law?
NSE International Exchange (NSE IX) has unveiled a new brand identity of GIFT Nifty as a part of the full-scale transition of SGX Nifty to Gift Nifty. W...
Consider the following statements about National Geoscience Data Repository (NGDR) Portal:Â
1.     Union Ministry of Mines launch the NGDR...
The Cabinet Committee on Economic Affairs (CCEA) has approved for viability gap funding (VGF) to the state-owned Power Grid Corporation of India (PGCIL)...
National Payments Corporation of India (NPCI) announced the UPI Safety and Awareness initiative, to create awareness amongst consumers. Under this initi...
Why has UNESCO recommended adding Venice to the list of world heritage sites in danger?
The Zika Virus currently outbreaks in which continent
Which new environmental entity did India highlight at COP-16 for big cat conservation?
Laura Dahlmeier, who died in a mountaineering accident in 2025, won double Olympic gold in which event at Pyeongchang 2018?
Relevant for Exams:
