Finance1 min read
| SEBI censures Axis Capital for guarantee-like support to Sojo Infotel NCDs - SEBI censured Axis Capital for credit support in NCDs. - Arrangement went beyond merchant banker's role. -
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Source: X (@moneycontrolcom)
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Read original#MarketsWithMC | SEBI censures Axis Capital for guarantee-like support to Sojo Infotel NCDs - SEBI censured Axis Capital for credit support in NCDs. - Arrangement went beyond merchant banker's role. - Axis Capital paid Rs 166.84 crore in Sojo Infotel case. Read more: moneycontrol.com/news/busine… Link SEBI censures Axis Capital for guarantee-like support to Sojo Infotel NCDs- Moneycontrol.com Regulator flags yield-linked fees and liabilities exceeding net worth; Axis Capital paid Rs 166.84 crore after Sojo Infotel's NCD repayment obligations were invoked moneycontrol.com
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