In the notes accompanying the company’s annual results, Delhi-based auditors Lodha & Co said the company has received four show cause notices (SCNs) from the RoC and also one from Sebi in the quarter ended March on corporate governance issues raised by independent directors who resigned on January 19, 2022, and December 2, 2022.
Sebi launches new verification agency to crack down on mis-selling
Sebi has launched the Past Risk and Return Verification Agency (PaRRVA) to combat mis-selling of investment products. This tech-driven system, linking credit rating agencies and