Capital markets regulator Securities and Trade Board of India (Sebi) has issued an administrative warning to JM Monetary for regulatory non-compliance. Sebi issued a letter on January 2, JM Monetary mentioned in a regulatory submitting.
“Issuance of administrative warning to the corporate in relation to the preliminary public providing of fairness shares by certainly one of its shoppers particularly Western Provider (India) Ltd,” it mentioned.
There will probably be no influence on monetary, operations or different actions of the corporate, it added.
