SEBI has relaxed nomination norms for demat accounts and mutual funds starting September 1, 2026. Nomination is mandatory for single holders unless opted out, but optional for joint accounts. The process is simplified, reducing documentation and enabling digital submissions.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires