SEBI has proposed reforms to the Margin Trading Facility, including increasing broker net-worth requirements to Rs 5 crore, permitting LLPs to offer MTF, and expanding funding avenues. These changes aim to enhance operational efficiency and strengthen risk management for brokers.
Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh shares
Lloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share swaps. The deal