These seven companies had collected money from investors without complying with the public issue norms as the shares were issued to more than 50 individuals.Under the norms, a firm is required to list its securities on the recognised bourse. It is also required to file a prospectus, among other things
Sebi extends auction date for properties of 7 companies to Aug 31 business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.