Sebi mulls separation of non-regulated activities; ‘cross-default’ definition for debenture trustees

The regulator has proposed changes to how the Recovery Expense Fund is used, which supports debenture recovery processes and suggested to standardize the format of Debenture Trust Deeds to streamline documentation.

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Raymond shares rise 4.5% post Q2 earnings

Raymond’s shares climbed 4.5% despite a 63% drop in Q2 profit, driven by strong revenue growth in real estate and engineering. Real estate revenue surged