comparemela.com

Latest Breaking News On - Bangalore stock - Page 1 : comparemela.com

Delisting issue: Reviewing court order, says Schneider Electric

Schneider Group’s India arm is reviewing a court order, which may require it to offer a better exit to domestic shareholders. “The order dated 15 February 2021.in the matter of Sebi order on Schneider Electric President Systems Ltd., is currently under review. Every decision, on the way forward, will be in keeping with the highest standards of business best practices which Schneider Electric is committed to,” said the Schneider Electric President Systems India spokesperson in an e-mail response. Schneider Electric President Systems had sought the Bombay High Court’s intervention after the stock market regulator ruled in favour of public shareholders earlier this year. The court asked it to approach the Securities Appellate Tribunal, a body which hears appeals against the stock market regulator’s decisions.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.