OYO has improved its adjusted gross margin from 10% in FY20 to 33% in FY21
Securities and Exchange Board of India (SEBI)
Posted inBusiness
Thomas Cook India receives SEBI approval for withdrawal of buy-back offer
The SEBI Order noted that the continuation of the Buy–back offer will result in an adverse effect on the business of the Company and in turn, its shareholders. Accordingly, SEBI exercised its powers to allow the withdrawal of the Buy-back.