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Legal▼ Bearish for Omaxe
SEBI bars Omaxe and five others from markets over public-shareholding violations
The brief
- SEBI barred Omaxe, promoters and group entities from market access for up to one year
- SEBI imposed fines of ₹1.92 crore over minimum public shareholding violations
- The market-access ban and fines add regulatory risk for Omaxe investors
- Nine companies file draft IPO papers with SEBI
- SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani
- Anmol Industries files for ₹1,800-crore IPO, entirely an offer for sale
- NSE open to self-listing if SEBI permits, seeks broader revenue mix beyond options
- SEBI's new PMS rules could redraw competition for affluent investors