News & Media

Sebi scanner on valuation paid under compulsory delisting

Jun 1, 2017
  • Published by : Business Standard
  • Author(s) : Darshan Upadhyay
  • The Securities and Exchange Board of India (Sebi) is training its guns at the promoters of companies that have been told to compulsorily delist, after public shareholders of several such firms moved the capital market regulator alleging that they were not being paid fair value by promoters.

    Sources said Sebi had started seeking explanations from promoters on the mode of valuation.

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