Sebi has prohibited Axis Capital from operating as a merchant banker for debt issuances and barred it from acting as an arranger or underwriter for any debt segment securities. The action follows Axis Capital’s involvement in Sojo Infotel’s non-convertible debentures offering, where it guaranteed Rs 260 crore but had to settle Rs 167 crore due to Sojo’s default.
Debt offers: Sebi bars Axis Capital
Categories:
Related Post
Teen girls open up on trans athlete scandal that turned their high school into a culture war battlegroundTeen girls open up on trans athlete scandal that turned their high school into a culture war battleground
Taylor Starling and Kaitlyn Slavin – student athletes at Martin Luther King High School in Riverside, California – held a live press conference on X Friday hosted California Family Council
How to watch the 2024 Emmy Awards tonightHow to watch the 2024 Emmy Awards tonight
The 2024 Emmy Awards are on tonight. Find out who’s hosting, who’s nominated and how to watch without cable.
MS Dhoni ‘reveals’ how he still looks like he is in his thirtiesMS Dhoni ‘reveals’ how he still looks like he is in his thirties
In an interactive session, MS Dhoni humorously attributes his youthful appearance to coloring his beard and hair. Despite being in his forties, Dhoni continues to perform impressively in cricket through