PL Capital Markets Private Limited
SAT-appeal
- Claim for interest on consideration paid under a delayed open offer. The appellant alleged that interest under Regulations 22(12) and 44(i) was payable to all shareholders, including those acquiring shares after the trigger date.Appeal No. 244 of 2014 dismissed · WTM order dated 26 May 2014 rejecting the appellant's representation upheldAppeal: Appeal No. 244 of 2014 dismissed by SAT on 14 October 2014. Earlier Appeal No. 19 of 2014 was disposed of on 4 March 2014.
- Adverse observations in para 33 of WTM order dated 14 February 2025 against PL Capital as proposed manager to open offer for Religare Enterprises Ltd, made without notice.Authorized representative with full knowledge to appear before SEBI on 7 March 2025 and furnish all engagement details. · Observations against appellant in paragraph 33 of SEBI order dated 14 February 2025 stand expunged as made without notice.Appeal: Appeal No. 124 of 2025 with Misc. Applications 312-314 of 2025 disposed of on 4 March 2025
Source: SecMarx — PL Capital Markets Private Limited. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.