NP & Associates

01/01/2022

Happy New Year 🥳 💐🎉

08/11/2021

NP & ASSOCIATES

04/11/2021

May this Diwali fill into our lives new hopes for future and new dreams for tomorrow. With lots of love, wishing you a very Happy Diwali.

26/07/2021

Relaxation of One month to conduct of AGM by top-100 listed entities by market capitalization, Accordingly, such entities shall hold their AGM within a period of six months from the date of closing of the financial year for 2020-21. https://www.sebi.gov.in/legal/circulars/jul-2021/extension-of-time-for-holding-the-annual-general-meeting-agm-by-top-100-listed-entities-by-market-capitalization_51318.html

14/06/2021

Shares of Adani group companies fell by about 5% to 25% on Monday after the National Securities Depository Ltd (NSDL) froze the accounts of three foreign funds that are among the top stakeholders in the firms.
Albula Investment Fund, Cresta Fund and APMS Investment Fund.
source of the Report: "THE HINDU"
https://www.thehindu.com/business/Industry/nsdl-freezes-3-foreign-funds-with-435-billion-investment-in-adani-group-says-media-report/article34809110.ece

Adani Enterprises tumbled 24.99% to ₹1,201.10, Adani Ports and Special Economic Zone plummeted 18.75% to ₹681.50 on the BSE

14/06/2021

12/06/2021

Section 31(1) of the Competition Act, 2002
Byju's acquisition of certain stake of Aakash Educational Services Limited

The Competition Commission of India (CCI) has approved the proposed combination of Byju’s acquisition of a certain stake of Aakash Educational Services Limited (AESL) and thereafter merger of BYJU’s and AESL under Section 31(1) of the Competition Act, 2002.

12/06/2021

DHFL Takeover by Piramals:

Banks/Creditors Claims: Rs. 100,064 Crores.
Piramals Bid: 37,250 Crores

Bank Write-offs: 50,000 Crores
Other creditors/FD holders lose 13000 crores.

Fixed Deposit holders to receive NOTHING.

Equity shareholders to be written off.

Stock to be delisted.

12/06/2021

Are you still advising investors without getting registration under SEBI (Investment Advisors) Regulations, 2013?
You must be caught the penalty under SEBI Act, 1992. which may extend up to 5 crore and 1 crore under section15HA &15HB separately.
SEBI passed an order against this kind of individual advisor, who got penalty under above sections.

https://www.sebi.gov.in/enforcement/orders/jun-2021/final-order-in-the-matter-of-max-india-research-proprietor-mr-abhishek-gupta-_50518.html
SEBI Order also includes,
1. prevented from selling their assets, properties and holding of mutual funds/shares/securities held by them in demat and physical form
2. debarred from accessing the securities market, directly or indirectly and are prohibited from buying, selling or otherwise dealing in the securities market
3. refund the money received from the clients/investors/complainant,

Think once before advice without registration.

Get yourself registered under SEBI (IAs) Regulations, 2013.

For more information stay in touch.

11/06/2021

“Define success on your own terms, achieve it by your own rules, and build a life you're proud to live.”

09/06/2021

Central KYC Registry- One of the Compliance requirement for SEBI RIAs.