Religare pays Rs 5.41 cr to Sebi to settle legacy issues
The statement further said certain compliance requirements were overlooked/not complied with during the period between April 1, 2011 to March 31, 2018. It may be noted that during the aforesaid period, the control and management of the company rested with erstwhile promoters Malvinder Mohan Singh and Shivinder Mohan Singh and certain individuals who were accustomed to act on their instructions, it said.
Reliance Capital likely to share RFRP with bidder by Wed; all cash bids to get highest scoreRCL had offered two options to all the bidders. Under the first option, companies could bid for Reliance Capital, including its eight subsidiaries or clusters. The second option gave the companies freedom to bid for its subsidiaries, individually or in a combination.
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