SEBI Orders Cancellation of Trafiksol ITS Technologies’ IPO
On Tuesday, market regulator SEBI directed Trafiksol ITS Technologies to cancel its Rs 45 crore Initial Public Offering (IPO) and refund the money to investors, along with interest. This decision came after reports of misleading information in the company’s prospectus and suspected involvement with a shell entity. Concerns Raised Over Fraudulent Documents Trafiksol ITS, a … Read more