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NCDRC Upholds State Commission's Order; Asks Karvy Computershare & JSW Steel To Pay Rs5 Lakh Compensation to a Shareholder

Upholding an order passed by State Consumer Disputes Redressal Commission in Delhi, the National Consumer Disputes Redressal Commission (NCDRC) ....

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Sebi fines Karvy Computershare Rs 1.5 crore in Taurus Mutual Fund case

By redeeming all units in Taurus Liquid Fund and Taurus Ultra Short Term Bond Fund in February 2017, Karvy Computershare made unlawful gain of about Rs 1.2 crore, Sebi said in an order. ....

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SEBI Slaps Rs 1.5 Crore Fine On Karvy Computershare

By redeeming all units in Taurus Liquid Fund and Taurus Ultra Short Term Bond Fund in February 2017, Karvy made unlawful gain of about Rs 1.2 crore ....

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Penna Cement files DRHP with SEBI to raise ₹1,550 cr - The Hindu BusinessLine

Penna Cement files DRHP with SEBI to raise ₹1,550 cr
May 14, 2021
Company targets ₹1,300 crore through fresh issue
Penna Cement Industries has filed draft red herring prospectus with market regulator for its initial public offering aimed at raising about ₹1,550 crore.
Set up in 1991, the Hyderabad-based company, is promoted by P. Prathap Reddy, Pioneer Builders and PR Cement Holdings Ltd.
It has four integrated manufacturing facilities and two grinding units in Andhra Pradesh, Telangana and Maharashtra, with an aggregate cement production capacity of 10 million tonne per annum as of 2018. It is in the process of increasing capacity to 16.50 MMTPA. The company proposes to issue equity shares of ₹10 each at a premium for cash aggregating to ₹1,550 crore comprising of fresh issue of up to ₹1,300 crore and offer of sale of shares by promoters aggregating to ₹250 crore with fresh equity shares. ....

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