NIFTY 50

Sebi provides clarity on lock-in period for warrants

Updated : January 28, 2019 07:52 PM IST

The clarification has been given as part of an informal guidance sought by Jindal Steel & Power Ltd (JSPL) regarding the applicability of ICDR (Issue of Capital and Disclosure Requirements) with respect to such warrants.
JSPL had issued 4.8 crore warrants to Opelina Finance and Investment Ltd, one of the promoter group entity, on preferential basis in November 2017.
Sebi provides clarity on lock-in period for warrants
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV