Sebi bars Axis Capital
Sebi bars Axis Capital from acting as debt merchant banker till further orders
Sebi initiated action into Axis Capital after publication of a report titled ‘Is Axis Capital an Investment Bank or a Hedge Fund?’ authored by a research analyst.
Sebi bars Axis Capital from taking new debt merchant banking assignments
After an inspection by the regulator, it was found that Axis Capital had provided guarantees for the redemption of NCDs of Sojo Infotel Pvt. Ltd, which is not permitted for merchant bankers.
Axis Bank shares in focus amid SEBI order on Axis Capital; key details
Shares of Axis Bank Ltd are be in focus on Friday morning after the private lender said SEBI has issued an interim order against its wholly-owned subsidiary Axis Capital, restraining it from taking up any new assignments in the capacity of a merchant banker,
SEBI bars Axis Capital as merchant banker, arranger, underwriter in debt market
The Securities and Exchange Board of India (SEBI) has restrained Axis Capital (ACL), a wholly-owned subsidiary of Axis Bank, from taking any new assignment as a merchant banker, arranger, or underwriter in the debt segment for alleged violations of norms,
Sebi's action on Axis Capital: Research Analyst's article tipped off the regulator about "high-risk transaction"
According to the regulator's order, a January 2024 article by RA Hemindra Kishen Hazari was the first to flag concerns on this issue
SEBI Restrains Axis Capital from New Assignments Amid Alleged Norm Violations
The Securities and Exchange Board of India has prohibited Axis Capital, a subsidiary of Axis Bank, from taking new assignments as a merchant banker or underwriter in the debt segment due to alleged regulatory violations,
India markets regulator bars Axis Capital from acting as banker for new debt issues
India's markets regulator on Thursday barred investment bank Axis Capital from acting as a merchant banker for new debt issues for allegedly violating rules, according to an interim order on the regulator's website.
Sebi bars Axis Capital from acting as investment banker in debt market until further orders
In an interim order issued on September 19, the Securities and Exchange Board of India (Sebi) has also asked ACL to reply within 21 days to the observations made in the order.
SEBI Restricts Axis Capital: Merchant Banking Rules Breach
Markets regulator Sebi has barred Axis Capital from taking on new assignments as a merchant banker for debt securities. This action follows an investigation that revealed Axis Capital provided guarantees for the redemption of NCDs of Sojo Infotel,
India Bars Axis Bank Unit From Managing New Debt Offerings
India’s capital market regulator has barred Axis Capital Ltd. from acting as a manager for new offerings of debt by Indian companies, the latest crackdown in the country’s securities market.
Debt offers: Sebi bars Axis Capital
Sebi has prohibited Axis Capital from operating as a merchant banker for debt issuances and barred it from acting as an arranger or underwriter for any debt segment securities. The action follows Axis Capital’s involvement in Sojo Infotel’s non-convertible debentures offering,
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