Without disclosing the reason, Securities and Exchange Board of India (Sebi) said ‘’issuance of observations (has been) kept in abeyance’’ with regard to the IPO of SK Finance, an updated showed on the regulator’s website on Monday.
The Jaipur-based lender had filed its preliminary papers with the capital markets regulator in May this year.
According to the draft papers, the initial public offering (IPO) of SK Finance is a combination of a fresh issue of equity shares worth Rs 500 crore and an offer for sale (OFS) of up to Rs 1,700 crore by promoters and investor shareholders.
Diese Geschichte stammt aus der July 09, 2024-Ausgabe von The Business Guardian.
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Diese Geschichte stammt aus der July 09, 2024-Ausgabe von The Business Guardian.
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