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Zostel writes to SEBI, seeks suspension of $1 2 OYO IPO

Zostel alleged that OYO has misrepresented the facts in its DRHP and that its upcoming IPO doesn't include the disclosure of a 7 per cent stake of Zostel's shareholders in OYO's parent entity.

Delhi high courtSecurities exchange board of indiaZostel hospitality pvt ltdSecurities exchange boardHerring prospectusDisclosure requirementsRitesh agarwal ledZostel hospitalityZostel hospitality writes to sebiDraft red herring prospectusZostel issueZostel case against oyoOyo ipoOyo ipo dateOyo ipo sizeYo vs zostel

Zostel writes to SEBI, seeks suspension of $1 2 OYO IPO

Zostel alleged that OYO has misrepresented the facts in its DRHP and that its upcoming IPO doesn't include the disclosure of a 7 per cent stake of Zostel's shareholders in OYO's parent entity.

Delhi high courtSecurities exchange board of indiaZostel hospitality pvt ltdSecurities exchange boardHerring prospectusDisclosure requirementsArbitration tribunalRitesh agarwal ledZostel hospitalityZostel hospitality writes to sebiDraft red herring prospectusZostel issueZostel case against oyoOyo ipoOyo ipo dateOyo ipo size

OYO IPO: A sour deal with Zostel six years ago is back to haunt Ritesh Agarwal s firm

The 2015 deal included OYO trying to buy some of Zostel’s businesses and in turn Zostel getting a 7 per cent stake in OYO

Paavan nandaSupreme courtDelhi high courtRitesh agarwal foundedDelhi highOyo ipoOyo ipo dateOyo ipo sizeYo vs zostelYo zostel dealOstel oyo in courtOyo zostel caseHat is zostel oyo case

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