Studds Accessories has filed preliminary papers with Sebi for an IPO, marking their second attempt. The IPO will be an offer for sale with promoters and other shareholders selling 77.9 lakh shares. Studds designs and sells helmets and accessories in over 70 countries. The company will not receive any funds from the IPO.
Sebi imposes Rs 3 lakh fine on Motilal Oswal Financial Services for violations of stock brokers’ norms
Markets regulator Sebi on Monday imposed a penalty of Rs 3 lakh on Motilal Oswal Financial Services Ltd for violating stock brokers’ norms.