TheSpuzz Desk

SEBI proposes mandatory issuance of new securities in demat form post stock split, mergers | Stock Market News

SEBI proposes mandatory issuance of new securities in demat form post stock split, mergers | Stock Market News

Source: Live Mint To encourage demat holding of securities, Sebi on Tuesday proposed mandating listed companies to issue securities only in demat form following stock split, consolidation of face value of shares, and merger or demerger. In case an investor does not have a demat account, the issuer companies will be required to open a…

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Zerodha Fund House AUM crosses  ₹4,000 crore in first year as India’s direct-only AMC; Nithin Kamath says THIS | Stock Market News

Zerodha Fund House AUM crosses ₹4,000 crore in first year as India’s direct-only AMC; Nithin Kamath says THIS | Stock Market News

Source: Live Mint Zerodha’s Co-founder and Chief Executive Officer (CEO) Nithin Kamath revealed that asset management company (AMC) Zerodha Fund House has crossed the ₹4,000 crore-mark in asset under management (AUM) in its first year itself as India’s direct-only AMC. Kamath took to microblogging platform ‘X’ to share that this is their first year as…

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