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  • News From Press SEBI puts on hold IPOs of GoFirst, Aditya Birla Sun Life AMC

    SEBI puts on hold IPOs of GoFirst, Aditya Birla Sun Life AMC

    An IPO can be kept in abeyance if inquiry is pending against the company which going public or any of its group company.
    Source:BusinessLine Jun 29, 2021

    Capital market regulator SEBI has put has put on hold its approval for the proposed initial public offers of Aditya Birla Sun Life Asset Management Company, and GoFirst (erstwhile GoAirlines) without citing any reason.

    The SEBI decision is expected to delay the IPOs that are critical to both companies but especially for GoFirst.

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