India’s market regulator SEBI has discovered a scheme led by former stockbroker Ketan Parekh to profit from confidential trade information of Capital Group. Parekh used WhatsApp groups to share the trade details, enabling others to profit before the trades were made. SEBI has restricted those involved from trading and ordered the return of illegal profits.
Mahi Madhusudan Kela, Authum Investment offer to buy Prataap Snacks 26% stake at Rs 865.66 per share
Prataap Snacks has received an open offer from Authum Investment & Infrastructure and Mahi Madhusudan Kela to acquire 26.01% equity at ₹865.66 per share, totaling