The proposals are designed to prevent circumvention of minimum public shareholding requirements and misuse of the FPI route to guard against risks of an opportunistic takeover. The move follows SEBI’s difficulty in identifying the beneficial owners of some foreign portfolio investments in Adani stocks, since the existing regulations are lax in identifying their true ownership.
Helloji Holidays shares to list today. Check GMP ahead of debut
Helloji Holidays is set to list on the BSE SME platform on December 9. The company’s IPO saw strong demand, closing 30.16 times subscribed. Despite