Sebi fines Rs 14.1 crore on KSS, 2 individuals for GDR manipulationThe regulator levied a fine of Rs 12.1 crore on K Sera Sera Ltd now known as KSS Ltd, and Rs 1 crore each has been imposed on -- Hussain Sa...
GDR manipulation: Sebi slaps Rs 50 lakh fine on Farmax India MDFarmax India Ltd (FIL) had issued GDRs amounting to USD 59.92 million in June 2010 and USD 11.98 million in August 2010 under green shoe op...
Sebi imposes Rs 25 cr fine on an individual in Winsome Yarns GDR issue matterInvestigation revealed that Vintage FZE (now known as Alta Vista International FZE), an entity controlled by Panchariya, was the sole subsc...
GDR manipulation case: Sebi slaps Rs 11.45 crore fine on Maars Software, 3 individualsThe watchdog had conducted a probe with respect to GDR issuances by certain companies. MSIL came out out with a GDR issue on August 10, 200...
GDR manipulation: Sebi slaps Rs 15.1 cr fine on IKF Technologies, othersSebi noted that IKF Technologies had come up with GDR issues on two occasions
GDR manipulation: Sebi levies Rs 10.5 crore fine on Nissan Copper, officialsIt noted that the company had issued 5 million GDRs worth $22.40 million on May 20, 2010.
GDR issue: Sebi bars Chromatic India from capital markets for 5 yearsSebi has restrained the company's Whole Time Director Vinod Kumar Kaushik for three years and non-executive independent directors Vipin Sha...
GDR manipulation: Sebi bans Commex Technology for 5 yearsThe regulator after conducting a probe found that the firm issued 1.91 million GDRs worth USD 9.99 million on May 25, 2009, on the Luxembou...
Hinduja Foundries' GDR issue to open on FridayHinduja Group company Hinduja Foundries today said it plans to raise up to Rs 400 crore through issuance of global depository receipts (GDR...
- Videocon Industries closes $51 million GDR issue
Videocon Industries today said it has raised USD 51.02 million (over Rs 280 crore) via a Global Depositary Receipt (GDR) issue.
- Kingfisher unfazed by Libya Crisis, to raise $300 mn via GDR issue
Vijay Mallya promoted Kingfisher Airlines will go ahead with its plans to raise $300 million through GDR issue despite crisis in Libya cast...
- Tata Steel to raise up to $1 billion via GDR
The GDR issue could likely be priced at a discount of just under 4%, to the current market price, according to people familiar with the dev...
- Kingfisher to recast Rs 6k-cr debt by next month
Vijay Mallya-led Kingfisher Airlines is expected to finalise the restructuring of its Rs 6,000-crore debt in a month.
- Tata Steel rises on FII short covering
These investors had gone short on Tata Steel futures, then sold their holdings in the company, assured that they would be able to pick up t...
- Apollo Hospitals gets notice from ED on GDR issue
Corporate healthcare group Apollo Hospitals received a notice from the Mumbai Enforcement Directorate seeking explanation on the end-use of...
- UTI Bank to price GDR at Rs 650
UTI Bank will price its GDR issue late on Friday after the closing hours of the business on the London Stock Exchange.
- Fully Automatic: Sponsored ADR/GDRs can bypass FIPB
In what could signal a further liberalisation of the foreign investment regime, the government is planning to allow sponsored American depo...