Disclosure requirements for board members at India’s capital market regulator are under scrutiny following allegations against chairperson Madhabi Puri Buch. The current system requires members to disclose holdings but lacks thorough verification, raising concerns about potential conflicts of interest. Calls for revamping rules to mandate trading plans and approvals have emerged.
Authum Investment, Mahi Madhusudan Kela to acquire 46.85% stake in Prataap Snacks
Authum Investment & Infrastructure and Mahi Madhusudan Kela will acquire a 46.85% stake in Prataap Snacks for Rs 846.60 crore. The deal includes an open