December 1, 2020

sebi: Sebi neither approves nor disapproves any ebook worth: ICICI Securities



New Delhi: Markets regulator Sebi doesn’t approve or disapprove ebook worth or delisting value of an organization as a matter of coverage, ICICI Securities mentioned in an announcement on Wednesday. ICICI Securities, in its analysis report on Monday, inadvertently talked about that Vedanta has highlighted Sebi accepted the ebook worth (ex the revaluation reserves) of Rs 89.three per share.

The identical ought to be learn as Vedanta has highlighted that 2019-20 ebook worth is Rs 89.three per share, ICICI Securities clarified.

“Sebi, as a matter of coverage, neither approves nor disapproves any ebook worth or delisting value,” it added.

The clarification has been issued by ICICI Securities after Sebi’s intervention, an official mentioned.