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The Economic Times
The Economic Times
Veer Sharma

Free shares! NSE IPO DRHP reveals curious case of 5,000 shares landing in wrong demat account

NSE DRHP IPO NSDL The Delhi High Court Nuvama BSE SEBI

As the National Stock Exchange's IPO grabs headlines for its size and significance, two lesser-known disclosures buried in the draft red herring prospectus (DRHP) offer a glimpse into legal matters that prospective investors may find noteworthy.

One of them revolves around 5,000 NSE shares that the exchange alleges were erroneously credited to an individual's demat account, triggering both civil and criminal proceedings.

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