In a letter to Sebi end July, the minority shareholders have written seeking the regulator to prevent “mis-governance, protect the rights of shareholders, and ensure the compliance of listing obligations and other SEBI regulations.”
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.