After the IPO, the promoter group’s stake will fall to over 33% from 40%. The nonbanking finance company (NBFC) has a higher asset quality and excellent margin and return ratios compared with peers.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make