The Sebi probe follows allegations by a few SW Solar shareholders last year that Shapoorji Pallonji and Co. Pvt. Ltd may have utilised funds raised in SW Solar’s August 2019 public share sale for purposes other than those mentioned in its share sale documents. While Sebi did not respond to a query, SP Group said […]
SW Solar hits one-month high after promoters repay Rs 1k cr
Sterling and Wilson Solar said on Tuesday that its promoters – Shapoorji Pallonji and Company (SPCL) and Khurshed Daruvala – have repaid Rs 1,000 crore they owed to the firm. The scrip was currently trading 0.59% higher at Rs 324.05. The scrip hit the day’s high of Rs 338.25, its highest intraday level since 2 […]
