This follows a ratings downgrade by Icra, which alleged the clean energy firm falsified debt-servicing documents. Sentiment worsened after its promoters sold shares in the open market during the crisis. The stock had shot up 2,600% between 2022 and 2024.
Goldman Sachs acquired approximately 11 lakh shares of TD Power Systems in a block deal valued at Rs 50.30 crore, purchasing them at Rs 460
IndusInd International’s Ashok Hinduja backed the bank’s leadership after suspected internal fraud surfaced. He praised swift corrective action, regulatory compliance, and reaffirmed IIHL’s financial support.
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