Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2015
Alchemist Capital redeemable-preference-share refund proceeding
Alchemist Capital was reportedly ordered on 7 August 2015 to refund approximately ₹165 crore with 15 percent interest in relation to the issuance of redeemable preference shares. The reported issue involved approximately 16.52 crore shares with a nominal value of ₹10 each.
Regulatory action over alleged investment and securities violations
SEBI and other Indian government agencies reportedly barred or took action against multiple companies associated with Alchemist Group over alleged violations of securities and investment regulations. The matters included the collection of public funds through arrangements treated by regulators as unauthorised collective investment schemes.