The Directorate has asked the firms and companies to submit a string of information on businesses and key persons as well as old data. For instance, in one such notice sent mid-July, the ED directs the company to submit details of the company, local and offshore bank accounts, identities of directors, and former directors including their nature of association with the company along with residential addresses.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of