News
Day: March 25, 2025

The CPs, which are unsecured, carry a discount rate of 7.13% per annum and have a tenure of 90 days, maturing on June 23, 2025. These instruments are typically traded in the secondary market and are being made available for transactions through the National Stock Exchange of India (NSE).

Jyothy Labs has sold its entire 75% stake in Jyothy Kallol Bangladesh Limited (JKBL) to Kallol Enterprise Limited for BDT 3,01,92,134, ending JKBL’s subsidiary status. The transaction, executed at arm’s length, was approved on March 25, 2025, in compliance with SEBI’s LODR Regulations, 2015.

Shares of Star Health and Allied Insurance fell to a 52-week low after IRDAI flagged lapses in claims settlement practices. The regulator inspected 8-10 insurers, examining claim approvals, repudiations, and deductions. Meanwhile, Star Health remains under scrutiny after a cyberattack exposed data of over 31 million customers.