SEBI’s latest communication further says that if a company’s promoter, or promoter group, is also a major shareholder in another company, then that other company will be considered part of the same group, a person familiar with the matter said, declining to be named as he is not authorised to speak to the media.
GV Films and 7 other penny stocks slip 15-20% in a week
In the week ending March 13, the benchmark Sensex index fell by approximately 0.7%. During this decline, 7 penny stocks experienced drops ranging from 15%