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Shares of Suzlon Energy fell 4% to a low of Rs 76.35 on the BSE following advisory letters from NSE and BSE. The letters were issued due to corporate governance concerns raised by the resignation of Independent Director Marc Desaedeleer, who cited a lack of openness and transparency in communications.
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SEBI's new rules aim to curtail the F&O trading frenzy by increasing margin requirements and reducing the frequency of contract expiries. This measure is expected to lower trading volumes, particularly affecting brokers and exchange companies, while potentially shifting retail traders towards direct equities. The changes target the dominance of low-margin retail clients in options trading.
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The Japanese car maker has become the latest industry giant to scale back its EV plans.
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