Linde India seeks SAT relief on valuation exercise ordered by Sebi

Quick Summary:

The regulator had asked the National Stock Exchange (NSE) to appoint a registered valuer to carry out a valuation of the business.

The investigation on Linde India by Sebi is ongoing.

The counsel highlighted that Sebi is pushing for the valuer to complete the valuation process within a tight 40-45 day timeline.

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Article Details

Category: BusinessFinance

Markets: India

Topics: BSE Linde India Securities Appellate Tribunal Sebi NSE

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 18:48:10 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 375 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22425483

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