IiAS to SEBI: Permit TMB IPO after Legal Issues Sorted
February 3, 2022
Institutional Investor Advisory Services (IiAS), a proxy firm that provides voting recommendations on shareholder resolutions of listed companies, has come down heavily on the proposed IPO of private sector lender Tamilnad Mercantile Bank (TMB), asking Sebi that the IPO should be permitted only after legal tangles are resolved. The bank