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Escorted by Maharashtra CM Shinde, rebel Shiv Sena MLAs return to Mumbai

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SEBI halts Aditya Birla Sun Life's IPO

Market regulator puts the initial public offer in abeyance without providing details. 

Capital markets regulator SEBI has kept proposed initial share-sale of Aditya Birla Sun Life AMC in "abeyance", an update with the watchdog showed on Monday.

However, the Securities and Exchange Board of India (SEBI) did not clarify further.

The asset management company had filed preliminary papers with SEBI in April to raise funds through an initial public offer (IPO).

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