Look into plea against Vikram Solar: Bombay high court

MUMBAI: The Bombay high court has asked markets regulator Sebi to "consider and dispose of" a complaint by Seclink Technologies & Realty against Vikram Solar about not honouring its monetary commitment, using a purchase order to falsely show inflated net worth to qualify for the government's performance linked incentive (PLI) scheme for companies in the solar industries sector.

Seclink also alleged a cheque-bounce.Vikram Solar was listed on Tuesday at Rs 340, up nearly 5% on its IPO price of Rs 332 and closed at Rs 356.