Many corporations borrow money by pledging or creating an encumbrance on their promoter shareholdings. However, if the encumbrances (pledged shareholding) exceed a threshold, it indicates that the ...

In the wake of increased scrutiny of promoters signing side-deals to raise more debt from banks and mutual funds, the Securities and Exchange Board of India (Sebi) on Thursday widened the definition ...

Entities Involved (Promoter Group) Twin Star Holdings Ltd., Welter Trading Limited, Vedanta Holdings Mauritius Limited, Vedanta Holdings Mauritius II Limited, Vedanta Netherlands Investments B.V. The ...

The Securities and Exchange Board of India (SEBI) has introduced stricter disclosure norms for pledged shares by promoters of listed firms. At the board meeting on Thursday, the market regulator not ...