Tag: #Stock Market

Refund

SEBI orders Second Land Developers Pvt Ltd and its officials to repay ABG Shipyard LTD Rs 101 crore.

March 27, 2020

Markets regulator Sebi has ordered Second Land Developers Pvt Ltd (SLDPL) now established as Shivris Resources Pvt Ltd, and its senior officials to compensate ABG Shipyard Ltd in three months for illicit profits of a little over Rs 101 crore. The sum has to be paid along with an 8% annual interest rate. Second Land […]

SEBI orders Second Land Developers Pvt Ltd and its officials to repay ABG Shipyard LTD Rs 101 crore.more
Indiabulls

Indiabulls sells its 14% stake to Embassy.

June 8, 2019

By Abhay Harish Shah, Realty Quarter Embassy real estate development acquired an approximately 14% stake in Indiabulls real estate on Friday from its promoter via a bulk stock deal. The contract is composed of the three-phase transaction in which an alliance of Blackstone Group-Embassy will acquire the 39.5% shareholding of Rs.2,700 crore by Indiabulls Group […]

Indiabulls sells its 14% stake to Embassy.more