The Times of India
Sebi has barred Synoptics Technologies and its promoters from the securities market due to alleged siphoning of IPO proceeds. The regulator also restrained First Overseas Capital Ltd (FOCL), the lead manager, from new assignments, suspecting a scheme to diver…
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Sebi bans Synoptics Tech, promoters from securities market for IPO fund diversion
Sebi has barred Synoptics Technologies and its promoters from the securities market due to alleged siphoning of IPO proceeds. The regulator also restrained First Overseas Capital Ltd (FOCL), the lead manager, from new assignments, suspecting a scheme to diver…