Pancard Clubs Case: Sebi Invites Bids For Sale Of Shares

New Delhi: Looking to recover more than Rs 7,000 crore of investor money in the Pancard Clubs case, markets regulator Sebi has invited bids for sale of shares held by the company and its directors. Earlier, Sebi had attached 5,71,34,580 equity shares, amounting to 73.49 per cent stake of Panormic Universal as well as one crore (7 per cent) of preference shares of the company held by Pancard Clubs and its directors. Now, in a notice...