Sebi had mandated, that all margin obligations in the equity and derivatives segment be fulfilled only through the depository system of pledges and re-pledges. The move is aimed at plugging gaps in the existing process and ensuring greater safety of investors’ securities.
President Volodymyr Zelenskiy had hoped the EU would put Ukraine on a rapid road to membership.
The pledges received are higher than the amount sought initially
The G20 Bali Leaders’ Declaration was issued after the conclusion of the two-day summit, which was attended top global leaders.
In 2009, developed countries most responsible for global warming pledged to give $100 billion per year by 2020 to help developing nations deal with its consequences.
Making a new vow when the monarch changes, is not a legal requirement, but all 650 lawmakers will have a chance to retake the oath in the coming days if they wish.
The meeting between EXIM Chair Reta Jo Lewis and Ukrainian Minister for Communities and Territories Development Oleksiy Chernyshov came exactly a year after EXIM and Ukraine signed a memorandum of understanding to identify $3 billion in EXIM-supported export financing projects for Ukraine, including road, rail and energy infrastructure.
The platform claims hundreds of top non-profits have already started accepting crypto through Pledge.
Edelweiss Research, which tracks 4,062 companies, found that 16 percent, or 642 promoters, pledged a part of their holdings in the July-September quarter.
Investors will not see a major change except that paying for shares and funds will happen a day earlier but brokers with outdated systems could feel the pinch.
The rise in promoter pledge does raise an alarm but if the management, governance, and fundamentals of a company are strong then an investor must not worry whilst hold such stocks, suggest experts.
In an interview to CNBC-TV18, AK Lakhotia, CMD of MBL Infrastructures spoke about the results and his outlook for the company.
Stock exchange rules require companies to disclose the details of shares pledged by them. But many companies are known to get around the rules, because promoters hold shares in benaami accounts as well
Housing Development and Infrastructure (HDIL) promoters have pledge 38.24% equity with IL&FS, reports CNBC-TV18.
Sharp recent falls in a handful of Indian mid-cap stocks have raised concerns among investors over the potentially destabilising impact of margin calls on shares pledged by company owners.
The country's largest two-wheeler maker Hero Honda today said its promoter group firm Hero Investments Pvt Ltd (HIPL) has revoked 17.33% shares of the company that were pledged to three different investors.
Mirc Electronics promoters has revoked entire pledge of 5.2 crore shares, reports CNBC-TV18. It touched an intraday high of Rs 27.45 and an intraday low of Rs 25. At 14:09 hrs the share was quoting at Rs 25.60, up Rs 0.70, or 2.81%.
There is mounting woes for India’s two best known realty firms-- DLF and Unitech. While DLF is burdened by additional debt and tax demands of nearly Rs 2,000 crore, Unitech is warding off lenders trying to sell the promoters pledged shares, reports CNBC-TV18’s Nayantara Rai.