https://www.taxtmi.com/news?id=73658 SEBI and stock exchange intervention was sought over a proposed 49 per cent stake transfer in the Vizhinjam port project, on the allegation that it breached the concession agreement. The objection was that prior state approval was required for any transfer of ownership or of more than 25 per cent shareholding, and that the transaction proceeded without such approval. The matter was also linked to disclosure obligations under the SEBI listing regulations and concerns about public interest, national security, and possible monopolistic effects. en-us Sat, 04 Jul 2026 13:46:09 +0530 Sat, 04 Jul 2026 13:46:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73658 SEBI and stock exchange intervention was sought over a proposed 49 per cent stake transfer in the Vizhinjam port project, on the allegation that it breached the concession agreement. The objection was that prior state approval was required for any transfer of ownership or of more than 25 per cent shareholding, and that the transaction proceeded without such approval. The matter was also linked to disclosure obligations under the SEBI listing regulations and concerns about public interest, national security, and possible monopolistic effects. News - Sat, 04 Jul 2026 13:46:09 +0530 https://www.taxtmi.com/news?id=73658