The capital markets regulator said in a notification that the “issuance of observations (has been) kept in abeyance.” It did not provide further details. NSDL last month filed its draft red herring prospectus with the Sebi for an IPO which is entirely an offer for sale (OFS) of 57,260,001 shares by existing investors such as IDBI Bank, NSE, SBI, HDFC Bank and Union Bank of India
KFin Tech shares zoom nearly 10% as Q3 PAT advances 35% YoY
KFin Technologies’ shares surged 9.8% to Rs 1,212.70 after reporting a 34.9% YoY increase in profit after tax (PAT) to Rs 90.18 crore. The company’s