To promote ease of doing business for issuance of non-convertible securities, Sebi on Thursday proposed removing the requirement to disclose the PAN and personal address of issuers' promoters in the offer document along with other relaxations in disclosure guidelines. The current regulatory framework of Sebi's (Issue and Listing of Non-Convertible Securities) rules or NCS norms mandates disclosed.
Open FlipToday, the shares of Hero MotoCorp Limited rallied 2.98 per cent. Furthermore, the scrip witnessed a spurt in volume by more than 6.79 times. The company's current market capitalization standing at Rs 95,205.73 crore. On Thursday, the stock opened at Rs 4631.90, with the previous closing being Rs 4624.35. The 52-week high and low are Rs 4,979.95 and Rs 2,572.15, respectively as per BSE.
Open FlipDorf Ketal Chemicals India Private Limited, a global leader in the specialty chemicals industry, announced on May 9 it has acquired Impact Fluid Solutions, a premier provider of downhole fluid additives used in a range of industrial drilling applications.The financial terms of the transaction have not been disclosed. Dorf Ketal Chemicals is a privately-owned global specialty chemicals company.
Open Flip