SEBI deputy general manager conducted search and seizure operations at the academy of trade and market influencer Avadhut Sathe in Karjat, Maharashtra.
Emcure Pharma, led by Shark Tank India's Namita Thapar, has received SEBI approval for an IPO, expected within two months. The IPO includes ₹800 crore in new equity and an offer for sale of 1.36 crore shares.