SEBI Introduces Faster IPO Listing Timelines and Allows PE Funds to Sponsor Mutual Fund Houses
The Securities and Exchange Board of India (SEBI) has approved a reduction in the listing timeframe for shares on exchanges after initial public offerings (IPOs), shortening it from six days to three.
Aarti Industries Ltd appoints new directors
Aarti Industries Ltd announced the change in Board of Directors on 28th June 2023. Aniruddha B. Pandit and Shekhar S. Khanolkar have been appointed as Independent Directors and Ajay Kumar Gupta is appointed as the Executive Director of the company.
Bhanu Pratap Singh the Independent Director of Siti Networks Ltd resigns
Siti Networks Ltd announced the resignation of Independent Director Bhanu Pratap Singh on 28th June 2023.
Kosaraju Veerayya Chowdary appointed Independent Director of Anant Raj Limited
Anant Raj Limited has appointed Kosaraju Veerayya Chowdary as the Non-Executive Independent Director of the Company on 28th June 2023.
ROC penalises Ex-MD of PFS Pawan Singh
The Registrar of Companies (ROC) found PTC India Financial Services Ltd and its Managing Director and Chief Executive Officer Pawan Singh to be in violation of The Companies Act, 2013, and fined both companies in three separate adjudication rulings.
Neuland Laboratories Ltd appoints Independent Directors
Sugata Sircar and Pallavi Joshi Bhakru were appointed as the Independent Director of Neuland Laboratories Ltd on 27th June 2023. Homi Rustam Khusrokhan the Independent Director has also been reappointed.
Hindusthan National Glass appoints Pritha Bose as Company Secretary
Pritha Bose has been appointed Company Secretary of Hindusthan National Glass & Industries Ltd on 27th June 2023.
ISSB suggests stricter rules to check greenwashing
The International Sustainability Standards Board (ISSB) has floated a new set of guidelines for ESG-related reporting. The guidelines were issued at the Annual Conference of the IFRS Foundation.
Dinesh Kumar Mittal Appointed as Non-Executive Independent Director of NDTV
New Delhi Television Ltd (NDTV) appointed Dinesh Kumar Mittal as Non-Executive Independent Director on 27th June 2023.
Rajat Verma appointed MD and Head of Institutional Banking at DBS Bank
DBS Bank India announced the appointment of Rajat Verma as managing director and head of Institutional Banking on June 26th June 2023.
