Vks Projects Ltd

Type: Company
Name: Vks Projects Ltd
First reported Aug 05 2014 - Updated Aug 05 2014 - 1 reports

Sebi disposes case against Aryaman Financial Services

Capital market regulator today disposed of the case against Aryaman Financial Services in a case related to violations of merchant banker regulations in the intial public offering (IPO) of VKS Projects.Sebi's show cause notice had alleged that Aryaman ... [Published Business Standard India - Aug 05 2014]

Quotes

In an order, Sebi said that "records of the case and considering the submission of the noticee that Sebi had vetted the Draft Red Herring Prospectus...It is difficult to hold the noticee liable for making false and misleading disclosures in the offer document or failed to exercise due diligence as alleged"

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Sebi disposes case against Aryaman Financial Se... [Published Business Standard India - Aug 05 2014]
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