In its interim order, Sebi found the noticees (AI Growth, Texterity, Purple Petal Invest and Berkelium Technologies) are prima facie found to be operating platforms which are facilitating the public issue of NCDs which have been privately placed by the issuers in violation of the Companies Act, 2013, PFUTP regulations and the NCS (Issue and Listing of Non-Convertible Securities) rules.
