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Yashovardhan Birla

Sebi penalises Yashovardhan Birla, 6 others in Zenith Birla GDR case

It is the level and curvature of the yield curve that contains info on market expectations on economic prospects and inflation, says paper authored by Deputy Governor M D Patra and others

Sebi penalises Yashovardhan Birla, 6 others in Zenith Birla GDR case
Updated On : 16 Jun 2022 | 9:24 PM IST

SAT quashes Sebi ban on Yashovardhan Birla, others from securities mkt

The Securities Appellate Tribunal (SAT) has quashed a Sebi order that had barred Yashovardhan Birla and others from the securities market for two years for alleged mis-utilisation of the IPO proceeds. The Sebi, in October 2020, restrained Birla Pacific Medspa Ltd, Yashovardhan Birla and eight others from the securities market for two years for mis-utilisation of the IPO proceeds. Birla Pacific Medspa Ltd (BPML), which came out with offer documents in March 2011, had floated its over Rs 65-core initial public offering (IPO) in June 2011. The regulator, in its order, said that the company made misstatements in the prospectus in respect of the objects of the IPO. Pursuant to Sebi's order, Yashovardhan Birla and other individuals moved SAT. These individuals were the signatories to the prospectus of Birla Pacific Medspa. In its order dated August 26, the SAT said that appellants did not make any misstatement in the prospectus. It, further, said that the finding given by the Sebi that

SAT quashes Sebi ban on Yashovardhan Birla, others from securities mkt
Updated On : 30 Aug 2021 | 7:08 PM IST

Sebi bans Birla Pacific Medspa, Yash Birla, 8 others from securities

Birla Pacific Medspa Ltd (BPML), which came out with offer documents in March 2011, had floated its over Rs 65-core initial public offering (IPO) in June 2011

Sebi bans Birla Pacific Medspa, Yash Birla, 8 others from securities
Updated On : 26 Oct 2020 | 4:16 PM IST

UCO Bank declares Yashovardhan Birla willful defaulter for Birla Surya loan

Kolkata-based UCO had given Birla Surya a credit limit of ₹100 crore.

UCO Bank declares Yashovardhan Birla willful defaulter for Birla Surya loan
Updated On : 16 Jun 2019 | 9:13 PM IST