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Pwan Rejects Sec’S Ponzi Scheme Allegations
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The management of PWAN Group has denied allegations by the Securities and Exchange Commission that its real estate buy-back transactions bear the characteristics of a Ponzi scheme. In a statement provided to our correspondent by the firm on Thursday, PWAN characterized the SEC’s stance as “incorrect and deceptive,” underscoring that their project constitutes a…
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Morocco’S Casablanca Stock Exchange Set To Launch Derivatives Market For Enhanced Liquidity
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The Casablanca Stock Exchange (CSE) in Morocco plans to introduce a new derivatives market over the next few weeks, according to its CEO, as an initiative to increase liquidity. Reuters . Tarik Senhaji, who leads CSE, mentioned that this step intends to expand the range of investors involved by permitting stakeholders to adopt both…
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Sejal Glass Boosts Net Profits By 300% In Fiscal Year 25
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PNN Mumbai (Maharashtra), India, May 10: Sejal Glass Limited (NSE: SEJALLTD, BSE: 532993), one of the leading architectural glass manufacturers announced Audited Q4 and FY25 Financial Results. Operational Highlights * In FY25, international revenue contributed 74.13% and domestic revenue 25.87% to the total revenue. * International revenue grew by 73.16% compared to FY24 Commenting…