“Financial accounts cannot be trusted and auditors, management, independent directors, business media & analysts all wallow in the same cesspool.” (21:00 min) said Hemindra Hazari.
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Axis Capital Reports Shares of Illiquid Unlisted Firm as ‘Held for Trading’
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), on September 19, 2024 passed an interim order on Axis Capital (a...
SEBI bars Axis Capital as banker for new debt issues
The regulatory action started after a report by a SEBI-registered analyst Hemindra Kishen Hazari highlighted concerns about Axis Capital’s high-risk transactions earlier this year.
Explained: What prompted SEBI to flag Axis Capital’s underwriting activity & guarantee
SEBI's action followed the release of a report written by eminent research analyst Hemindra Kishen Hazari.
Sebi’s action on Axis Capital: Research Analyst’s article tipped off the regulator about “high-risk...
A registered research analyst's article had flagged the irregularity in Axis Capital's (ACL's) handling of a non-convertible debenture issue to the market regulator.
It was...
