Greaves Cotton Limited said its net profit doubled to Rs 54.24 crore for the quarter ended September 30 as against Rs 27.29 crore recorded in the same period last year.
Making public a list of 95 entities, which included many from West Bengal, the capital market watchdog asked investors not to invest in their illegal schemes.
Realty developer Oberoi Realty has reported 2.7% on-year rise in net profit at 72.54 crore for the quarter ended September. Total income for the quarter also grew 2% from a year ago to 189.21 crore, the company said in its earnings release.
The funds meant for delisting offers can be kept in an interest-bearing escrow account but bankers will have to ensure that money is readily available for shareholders, capital market regulator Sebi has said.