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Tree House Education & Accessories reports consolidated net loss of Rs 16.65 crore in the March 2021 quarter

Tree House Education & Accessories reports consolidated net loss of Rs 16.65 crore in the March 2021 quarter
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SEBI bans Tree House Education promoters from capital market


SEBI bans Tree House Education promoters from capital market
May 25, 2021
Rajesh Bhatia , promoter of Tree House Education and Accessories   -  SHASHI ASHIWAL×
Also imposes fine of ₹28 lakh on them for insider trading
SEBI has banned Rajesh Bhatia and his wife Geeta Bhatia, promoters of Tree House Education and Accessories, from accessing stock market for one year and levied a fine of ₹28 lakh for indulging in insider trading during the company s merger with Zee Learn in 2015.
Ahead of Zee Learn merger
In an order passed by SK Mohanty, Whole-time Member, SEBI, said the noticees (Bhatias) have been found to have traded and executed sale of 40 lakh shares of the company on December 3, 2015, just a day prior to the public announcement of the proposed merger of Zee Learn with the company. ....

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Sebi provides some compliance exemption to LEDO Tea Company for delisting


Sebi provides some compliance exemption to LEDO Tea Company for delisting
PTI
Markets regulator Sebi on Monday granted exemption to LEDO Tea Company Ltd from compliance with certain provisions of delisting norms for voluntary delisting of equity shares.
The firm is listed on the BSE.
Sebi had received an application from the firm in January 2021 seeking exemption from the applicability of certain provisions of delisting norms.
The requirement for receiving consent of the shareholders holding at least 90 per cent of public shareholding of a company, as mandated under the Delisting Regulations, has been relaxed.
Sebi noted that the firm has made repeated efforts to reach out to the shareholders and despite having made efforts, it has not been able to contact a majority of the public shareholders. ....

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market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday


NEW DELHI: Nifty traded with cuts on Monday as the headline index closed below the crucial 15,000 levels and formed a bearish Hammer-like pattern with a long lower shadow.
Rohit Singre, Senior Technical Analyst at LKP Securities said, Going forward, 14,750 will act as an immediate and strong support. If it manages to hold that, then some more pullback is possible towards immediate hurdle zone of 15,000-mark followed by 15,100 zone.
As of now, there are no signs to the end of this corrective phase. Hence, we could continue to see such volatility in the near term. Traders are advised to avoid getting carried away and rather look for stock-specific opportunities on both sides. As far as levels are concerned, the immediate support for the Nifty is placed around 14,700, while resistance is seen around 15,050,” said Ruchit Jain, Senior Analyst - Technical and Derivatives at Angel Broking. ....

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