The business operations of the company are found to be satisfactory, PFS said citing the unnamed ASM.Earlier in January, Sebi had asked PFS to address corporate governance and other issues raised by its former chairman and outgoing independent directors before holding its board meeting.Three independent directors Kamlesh Shivji Vikamsey, Santosh B Nayar and Thomas Mathew resigned en masse from the board of PFS citing corporate governance and other issues on January 19.
Religare Finvest defaults on Rs 96 lakh interest payment on bonds : Rashtra News #Religare #Finvest #defaults #lakh #interest #payment #bonds RFL, a subsidiary of Religare Enterprises Ltd (REL), was put under the Corrective Action Plan (CAP) by the Reserve Bank of India in January 2018 due to issues emanating from siphoning and misappropriation of […]