Kalana Ispat’s SME IPO will open for subscription today and close on September 23. The company aims to raise Rs 33 crore by offering shares at Rs 66 each. The funds will be used for capital expenditure, including a solar power plant and rolling mill setup. Shares are expected to list on September 26.
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