
Sebi puts JSW Cement’s ₹4,000 crore IPO on hold
The Securities and Exchange Board of India (Sebi) has put on hold the proposed ₹4,000-crore initial public offering (IPO) of JSW Cement. Sebi did not gave specific reasons for this action, merely stating that the “issuance of observations (has been) kept in abeyance,” as noted in an update on its website on Monday. JSW Cement,…