Four entities on Wednesday settled with capital markets regulator Sebi a case pertaining to alleged insider trading in the shares of Poonawalla Fincorp Ltd, earlier known as Magma Fincorp Ltd, after paying Rs 10.97 crore towards the settlement fee. The entities paid a total of Rs 10.97 crore — Rakesh Bhojgdhiya HUF (Rs 4.29 crore), […]
Poonawalla Fincorp, earlier Magma Fincorp, on Friday reported a consolidated profit after tax (PAT) of Rs 118.9 crore for the quarter ended March 2022. The NBFC had posted a loss of Rs 647.7 crore in Q4FY21. Revenues declined by 10.6% year-on-year to Rs 512.2 crore, while the firm’s assets under management (AUM) for FY22 rose […]