Sebi has mandated completing rights issues within 23 working days from board approval, effective April 7, 2025. The move aims to streamline fundraising, reduce delays, and enhance market efficiency while ensuring stakeholder compliance and automated application validation.
BofA Securities enters Kaynes Technologies via Rs 42 crore block deal; stock down 48% in six months
BofA Securities acquired 1.16 lakh Kaynes Technologies shares via a block deal, while the stock continues a multi-month downtrend despite rising revenue and quarterly profit