The fundraising activity was dominated by Reliance Industries’ mega ₹53,124.20 rights issue in May, which was oversubscribed 1.6 timesPiramal Enterprises had raised ₹3,630.85 crore, Bajaj Electrical ₹349.99 crore and Brooks Laboratories ₹15.33 crore
1 min read2 Jul 2020Sebi imposes fine of Rs17.55 crore on 22 entities for round tripping of funds through fictitious transactions and siphoning off proceeds from the initial share sale of Brooks Laboratories
2 min read17 Aug 2017Sebi said they have been 'prohibited from raising any further capital from the securities market, in any manner whatsoever, for a period of five years'
2 min read10 Sep 2015Sebi finds that 25 entities siphoned funds from the IPO proceeds of Brooks Laboratories in alliance with company promoters
2 min read31 Dec 2013Brooks Labs eyes nearly 2-fold growth in profits
1 min read5 Sep 2011The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared