On August 5, the Sebi said that the valuation of AT-1 bonds my mutual funds would be based on the yield-to-call method, a move that implied lower volatility in net asset value (NAV) emanating from fund houses’ investments in the instrument.
Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh shares
Lloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share swaps. The deal