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# 801 Daily Money Show | Money Purse Stock Market News

46.0K views · May 01, 2024 · 13:23 min · Watch on YouTube ↗
Takeaway

New SEBI PAN-name MF folio rule enforced; Kotak's JMD Manian resigned (possibly heading to Federal Bank); Sona BLW delivers strong EV-led Q4.

Summary

  • Market holiday — Q4 results coverage and key updates.
  • SEBI rule from April 30: PAN name and mutual fund folio name must match exactly or fresh applications get rejected.
  • BSE shifting single-stock derivatives monthly expiry to second Thursday from July 1; existing contracts will expire June 28.
  • Kotak Bank Joint MD KVS Manian resigned with immediate effect after 3 decades — rumors of move to Federal Bank where CEO Shyam Srinivasan's term ends Sep 2024.
  • Sona BLW Q4: revenue +19% YoY, EBITDA +23%, PAT +24%; EV revenue grew 34% YoY; order book Rs 226 billion of which Rs 179 billion is EV — strong execution.
SEBI rulesKotak BankSona BLW
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Team Money Purse

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