Moneycontrol PRO

business

Sebi may seek more details from investors in pref issues

Sebi will seek disclosure on the source of funds of the investors who have been allotted shares in preferential issues. Also, the allottees will have to subscribe to the issue using their own funds

first published: Jun 17, 2013 05:56 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347