The markets watchdog in its letter stated that ”since the DFS ... managed/promoted by the parties to such DFS, warrants disclosure, regardless of whether such listed entity is a party to the ...

However, it is observed that the aforesaid information was not first disclosed to the stock exchanges and the disclosure was not ... follow [its] obligations in letter and spirit." ...

What Happened: The NSE and BSE dispatched the letters on 30th September and 1st October 2024 respectively, under the Securities and Exchange Board of India’s disclosure requirements. The letters ...