InGovern Research demands SEBI to direct SP group to give exit to minority shareholders

InGovern Research alleged that the non-fulfilment of obligations by the promoters as per the objects of the offer has resulted in a loss of over 60 percent in investment value for IPO investors as stock price has fallen from the issue price of Rs. 780 to Rs. 310 as on January 6, 2020, resulting in a loss of Rs. 1,700 crore for public minority shareholders.