Wockhardt denies allegations of rent payments connections to SEBI orders, claims them baseless

Wockhardt denies allegations of rent payments connections to SEBI orders, claims them baseless

Pharmaceuticals firm Wockhardt firmly denied recent allegations concerning rent payments made by its associate company, Carol Info Services, and their link to orders issued by the Securities and Exchange Board of India (SEBI), via a filing after the market hours on Friday. “It has come to our attention that there are certain allegations pertaining to … Read more

Madhabi Buch: Full disclosures & recusals made, say Buchs; Sebi concurs

Madhabi Buch: Full disclosures & recusals made, say Buchs; Sebi concurs

Mumbai: Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch and her husband Dhaval Buch on Sunday said that at no point in time did the fund IPE Plus – in which they had invested – acquire bonds, equities or derivatives of any Adani group company. They said all disclosures of securities held … Read more

360 ONE Asset Management: Hindenburg vs Sebi: Madhabi Buch-linked IPE-Plus Fund says never invested in Adani shares

360 ONE Asset Management: Hindenburg vs Sebi: Madhabi Buch-linked IPE-Plus Fund says never invested in Adani shares

360 ONE Asset Management, which is at the centre of a controversy surrounding Sebi chief Madhabi Puri Buch in the Hindenburg report, on Sunday clarified that its offshore fund IPE-Plus Fund 1 never had any investment in shares of any Adani Group companies. “Throughout the fund’s tenure, IPE-Plus Fund 1 made zero investments in any … Read more