Regulatory22 May 2026, 08:52 pm
Interactive Financial Services Receives SEBI Warning
AI Summary
Interactive Financial Services Ltd received an Administrative Warning Letter from SEBI on May 22, 2026, regarding non-compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and SEBI (Merchant Bankers) Regulations, 1992 in the matter of Rachana Infrastructure Limited. The letter, dated May 19, 2026, highlights deficiencies in the Offer Document of Rachana Infrastructure related to Order Book value and due diligence by the Merchant Banker. SEBI has warned the company to improve compliance standards to avoid future enforcement actions. The company states that there is no material impact on financials/operations.
Key Highlights
- SEBI issued an Administrative Warning to Interactive Financial Services.
- The warning relates to non-compliance with ICDR and Merchant Banker Regulations.
- Deficiencies were found in Rachana Infrastructure's Offer Document.
- SEBI urges improved compliance to avoid future enforcement.
- Interactive Financial Services reports no material financial impact.
Price Impact
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