SEBI warns JM Financial for non-compliance during Western …
6 days ago · The market regulator has barred JM Financial from taking any new mandate for acting as a lead manager for any public issue of debt securities till March 31, 2025. On March 6, 2024, SEBI in its interim order said that it undertook a routine examination of the public issues of non-convertible debentures (NCDs) during the year 2023 for which JM ...
JM Financial receives warning letter from SEBI on IPO
6 days ago · Its total income marginally dropped to ₹1,211 crore in the July-September quarter of the current financial year (FY25) from ₹1,214 crore in the same quarter preceding fiscal, JM Financial said in a statement. However, on a quarter-on-quarter basis, JM Financial's total income rose 11% from ₹1,094 crore in the three months ended June 2024.
Sebi issues warning to JM Financial over regulatory non-compliance
6 days ago · Capital markets regulator Securities and Exchange Board of India (Sebi) has issued an administrative warning to JM Financial for regulatory non-compliance. Sebi issued a letter on January 2, JM Financial said in a regulatory filing. "Issuance of administrative warning to the company in relation to the initial public offering of equity shares by one of its clients namely Western Carrier (India ...
jm financial shares: JM Financial shares zoom 6% after RBI lifts …
Oct 21, 2024 · Shares of JM Financial jumped 6.3% to a fresh 52-week high of Rs 168.70 on the BSE after the Reserve Bank of India lifted the restrictions placed on its subsidiary, JM Financial Products.
JM Financial Ltd. News - The Economic Times
JM Financial projects strong revenue and profit growth. They see a 14% upside potential. FirstCry-operator Brainbees Solutions shares jump 4% as JM Financial initiates coverage with buy rating
RBI directs JM Financial to stop financing against shares, …
Mar 5, 2024 · The Reserve Bank of India (RBI) has taken action against JM Financial Products Limited, instructing the company to halt all financing activities related to shares and debentures. This includes putting a stop to granting loans against initial public offerings (IPOs) of shares and subscription to debentures.
RBI bars JM Financial Products from financing against shares ...
Mar 5, 2024 · The Reserve Bank of India (RBI) on Tuesday barred JM Financial Products Ltd from providing any form of financing against shares and debentures, including sanction and disbursal of loans against initial public offering, with immediate effect.
JM Financial in RBI’s crosshairs after Paytm Payments Bank, IIFL ...
Mar 5, 2024 · The Reserve bank of India has barred JM Financial Products Ltd from advancing loans against shares and debentures citing regulatory and governance lapses, following its recent crackdowns on Paytm...
India cenbank bars JM Financial Products from financing against …
Mar 5, 2024 · India's central bank on Tuesday barred JM Financial Products from giving out loans against shares and debentures due to regulatory violations and governance concerns.
JM Financial gets a Sebi administrative warning for non …
6 days ago · JM Financial and Kotak Mahindra Capital were the lead managers to the public issue. The lPO of WCL as per the RHP dated September 07 ,2024 comprised of fresh issue component of upto Rs 400 crore ...