Elfin Agro India’s shares are set for their BSE SME debut on March 12, with the grey market suggesting a listing near its Rs 47 issue price. The Rs 25 crore IPO, which saw modest subscription, aims to bolster working capital. The agro-processing firm, known for wheat products and mustard oil, operates across eight states and two union territories.
Sebi to review FPI rules, align with global norms
The Securities and Exchange Board of India is set to release a consultation paper aimed at refining compliance requirements for foreign portfolio investors. Chairman Tuhin