Sebi moves Supreme Court against SAT order on PNB Housing Fin's ₹4,000 cr preference issue
- Pronouncing its order on August 9, the two-member bench of the Securities Appellate Tribunal (SAT) gave a split verdict, saying there was difference of opinion between the members of the bench
PNB Housing Finance on Thursday said capital markets regulator Sebi has approached the Supreme Court against the Securities Appellate Tribunal's order in the matter related to the company's ₹4,000 crore equity capital raise plan.
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