MUMBAI: Even as capital markets regulator SEBI is gearing up to take action against five public sector undertakings (PSUs) for non-compliance with Clause 49, the near future may well see a few more companies join the list.
Sources said that exchanges have sent a list of nearly 20 PSUs, which includes some of the Navratnas, to the regulator for not being Clause 49 compliant.
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Thursday, September 13, 2007
Navratnas may join listing rule violators' club
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