Anil Agarwal named promoter, but holds no stake: Sebi asks IPO-bound Sterlite Electric to explain
India's market regulator has requested information from Vedanta's Sterlite Electric regarding its ownership and promoter Anil Agarwal's role. The IPO has faced delays amid scrutiny of family members' involvement and disclosures required by securities law in India.
India's market regulator has requested information from Vedanta's Sterlite Electric regarding its ownership and promoter Anil Agarwal's role. The IPO has faced delays amid scrutiny of family members' involvement and disclosures required by securities law in India.
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