Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
SEBI masterstroke: Regulator widens definition of encumbrance; how it will curb promoter malpractice
Many corporations borrow money by pledging or creating an encumbrance on their promoter shareholdings. However, if the encumbrances (pledged shareholding) exceed a threshold, it indicates that the ...
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