ARCIL files IPO papers with Sebi for OFS of 10.54 crore shares

ARCIL files IPO papers with Sebi for OFS of 10.54 crore shares

Upcoming IPO, ARCIL IPO: Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed draft papers with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO), aiming to mobilise funds through a complete offer for sale (OFS). ARCIL, India’s first incorporated asset reconstruction company, focuses on acquiring and resolving stressed…

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‘We must safeguard market integrity,’ says SEBI chief as he warns of growing financial fraud

‘We must safeguard market integrity,’ says SEBI chief as he warns of growing financial fraud

Financial frauds in the Indian capital markets have evolved from simple diversions of shareholder funds to complex schemes involving regulatory arbitrage, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said on Friday. Addressing the Future Proof Forensics 2025 event held in Mumbai, the SEBI chief highlighted how the market regulator has used…

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