Sebi bars Axis Capital
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.
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.
Axis Capital to explore legal remedies against Sebi's ban on debt segment business
Axis Capital on Friday said it is exploring legal remedies against markets regulator Sebi's order restraining the firm from taking up new assignments as a merchant banker for the debt segment. In a statement,
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,
Sebi bars Axis Capital from taking new debt merchant banking assignments
Markets regulator Sebi on Thursday restrained Axis Capital from taking up new assignments as a merchant banker for debt securities until further notice, in a case of providing guarantees for the redem
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