MintLean R·
Oyo IPO: Zostel seeks SEBI review of updated DRHP over litigation disclosures, says report
Zostel has urged SEBI to review Oravel Stays' IPO disclosures, alleging they misrepresent an ongoing legal dispute and impact equity claims. The firm argues comprehensive disclosures are necessary due to potential effects on Oyo's valuation and risk assessment before the IPO can proceed.
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