Sebi asks company to refund money to investors

Sebi Investigating Role Of Merchant Banker Of Cancelled Trafiksol ITS Technologies' IPO
The Securities and Exchange Board of India (Sebi) initiated an investigation into the role of Ekadrisht Capital, the sole book-running lead manager (merchant banker) for the now-cancelled IPO of Trafiksol ITS Technologies.
Trafiksol SME IPO cancelled: Sebi asks company to refund money to investors
In its 16-page order issued on Tuesday, the SEBI indicated that, following an inspection, it appears that the third-party vendor (TPV) might be a shell company.
Trafiksol IPO: SEBI cancels listing after probe; SME ordered to refund investor's money within one week
SEBI conducted a detailed investigation into the disclosures made by Trafiksol ITS Technologies Ltd in its draft IPO documents and instructed BSE not to proceed with the company's share listing
Sebi cancels Trafiksol IPO, orders refund of investor money
The company may approach the market afresh after the ongoing proceedings initiated by Sebi are concluded and subject to any directions issued, the regulator said in an order on Tuesday.
Sebi asks Trafiksol to refund IPO money citing fraud
MUMBAI: Sebi has directed Trafiksol ITS Technologies to refund the Rs 44.9 crore paid by investors who were allotted shares in the company's IPO. BSE, in coordination with bankers, will oversee the refund process,
SEBI stops listing of Trafiksol, asks company to refund investors and to cancel shares issued
The company had said that it would use part of the IPO proceeds to buy software from a third-party vendor, which complainants pointed out had not filed its financial statements for three years
Sebi directs Trafiksol ITS Tech to refund IPO funds of Rs 45 cr to investors
Markets regulator Sebi on Tuesday directed Trafiksol ITS Technologies to refund Rs 45 crore raised through its IPO, following material misstatements in the firm's prospectus and suspected collusion wi
Sebi directs Trafiksol ITS Technologies to refund money to IPO investors
The market regulator has proposed stringent norms for the listing of SMEs following such concerns in the segment
SEBI nixes Trafiksol ITS Tech BSE-SME IPO, directs SME firm to refund money to investors
The Securities and Exchange Board of India has cancelled the BSE-SME IPO of Trafiksol ITS Technologies and asked the company to return the funds raised through the IPO to respective investors. The order came in the wake of a detailed probe conducted by market regulator following reports that the company plans to divert funds raised from IPO.
SEBI notifies rules on uniform standards for nomination facilities across securities markets
Markets regulator SEBI has notified rules on nomination allowing nominees to act on behalf of incapacitated investors.
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Here’s why SEBI ordered finfluencer ‘Baap of Charts’ to refund over Rs 17 crore collected from investors
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Sebi Notifies Uniform Standards for Nomination Facilities
Sebi introduces new rules for nomination facilities in securities markets, ensuring uniform standards and convenience for ...
Sebi proposes online monitoring framework for stockbroker audits
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India's Adani Group seeks to settle regulatory charge of shareholding violations, ET reports
Several entities linked to the Adani Group have approached the India markets regulator seeking to settle a case that accuses ...
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Adani Group Entities Propose To Settle Charges With Sebi
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Adani Stocks Tumble As Group Seeks SEBI Settlement For Shareholding Violations; What Lies Ahead?
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SEBI (Depositories And Participants) (Third Amendment) Regulations, 2024
1. These regulations may be called the Securities and Exchange Board of India (Depositories and Participants) (Third Amendment) Regulations, 2024. 2. They shall come into force on the date of their ...