SEBI flags concerns over royalty payments by listed companies — 10 key findings
One out of 4 times, listed firms paid royalty exceeding 20% of profits; there were 185 instances of royalty payments worth ₹1,355 cr by 63 firms that made losses
One out of 4 times, listed firms paid royalty exceeding 20% of profits; there were 185 instances of royalty payments worth ₹1,355 cr by 63 firms that made losses
The list is a ranking of the wealth of entrepreneurs of listed and unlisted companies.
Among main board IPOs, the public issue of ₹4,326 crore by Mankind Pharma was the largest in FY24, followed by Tata Tech (₹3,043 cr) and JSW Infra (₹2,800 cr).
Net profit of all listed companies had first crossed the ₹3 lakh crore mark in the June quarter (Q1) of FY24.
The aggregate PAT of 1,471 companies has surpassed the ₹2.13 lakh-crore net profit earned by the full set of 4,819 listed companies in the September 2022 quarter.
Promoters of listed businesses rake in ₹14.67 lakh crore as cumulative payout over five years.
Mining major says demerger to simplify its "corporate structure" and provide opportunities to global investors to directly infuse funds in these pure-play firms
Private equity funds will be allowed as mutual fund sponsors, says Madhabi Puri Buch, SEBI Chairperson.
In its consultation paper, the market regulator proposed the approval of the board members should be subject to approval by the shareholders periodically once in five years.