Aegis Vopak Terminals raised ₹1,260 crore from 32 anchor investors ahead of its ₹2,800 crore IPO opening May 26. Key investors include global funds and domestic mutual funds. The IPO is entirely a fresh issue with no offer-for-sale component.
IRDAI proposes clawback of commissions in case of mis-selling
Under the proposed framework, distributors could be rewarded for the quality of sales and servicing, while commissions could be clawed back in cases of mis-selling.