SEBI issues warning to JM Financial over regulatory non-compliance: Know More Here
The Securities and Exchange Board of India (SEBI) has issued an administrative warning to JM Financial for regulatory non-compliance during its client Western Carrier’s initial public offering (IPO). The investment banking firm’s shares fell 2.3% to settle at Rs 129.90 on the NSE after it informed the stock exchanges about the SEBI letter on Friday….