Shilpa Medicare, held by Madhusudhan Kela and Sunil Singhania, has returned 45% since its QIP allotment four months ago. Singhania’s Abakkus Diversified Alpha Fund-2 received 6 lakh shares, while Kela’s Cohesion MK Best Ideas Sub-Trust was allotted 8.79 lakh shares.
Sebi allows intraday borrowings by MFs to settle redemptions
The Securities and Exchange Board of India is taking decisive action in the investment landscape with its latest mutual fund regulations. Effective next month, these