Latest Breaking News On - Il fs securities services - Page 2 : comparemela.com
SEBI imposes Rs 26 cr penalty on IL&FS Securities, AFSPL for fraudulent transfer of MF units
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
IL&FS arm restrained from acquiring new clients, fined - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Explore Now
Dalal Street looked set to see some weakness on Monday, as the Maharashtra government’s decision on Sunday to bring in stricter curbs to contain the spread of coronavirus is widely expected to test the recent strength in stocks.
That said, here is a list of stocks buzzing this morning.
Reliance Industries: Billionaire Mukesh Ambani s Reliance Industries said it has secured approval of its shareholders and creditors for hiving off its oil-to-chemical (O2C) business into a separate unit.
Adani Enterprises: The company said it has won a Rs 1,169.10 crore highway project in Odisha from the National Highways Authority of India (NHAI). The contract has been won by Adani Enterprises wholly-owned subsidiary Adani Road Transport Ltd (ARTL).
Dalmia Bharat receives securities worth ₹344 cr back from IL&FS Securities
PTI
New Delhi |
Updated on
April 05, 2021 Cement maker Dalmia Bharat Ltd on Friday said that securities worth ₹344 crore have been credited back to the demat account of its arm by IL&FS Securities Services following an order of the Supreme Court.
Mutual fund units of its two erstwhile subsidiaries were earlier “fraudulently and illegally transferred” by Allied Financial Services Pvt Ltd (AFSPL) “in collusion with IL&FS Securities Services Limited (ISSL),” Dalmia Bharat said in a regulatory filing.
The two subsidiaries were of Dalmia Bharat’s step-down firm Dalmia Cement (Bharat) Limited (DCBL). “We hereby further update that the said Securities of DCBL lying with ISSL were released in favour of DCBL and credited back to its demat account as per said order of the Supreme Court,” it said.
vimarsana © 2020. All Rights Reserved.