Sebi imposes Rs 58.5 crore penalty on Seya Industries’ top...

Dununu.com Dununu

Sponsor

Sebi imposes Rs 58.5 crore penalty on Seya Industries’ top executives for financial fraud and fund diversion

RSS Feed Business

Posted

115

SEBI has penalized four Seya Industries officials, including Ashok and Amrit Rajani, with ₹58.5 crore for allegedly diverting ₹81.26 crore to promoter-linked firms and falsifying financial statements. The regulator barred them from the securities market for five years and directed Amrit Rajani to return the siphoned funds with 12% interest.

Read Full Article

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

Stock market holidays 2025: Are NSE and BSE closed for Buddha Purnima on Monday?

By 0 23

‘Kesari 2’ makes ₹1.15 crore in India on its 4th Saturday

Akshay Kumar's 'Kesari 2', directed by Karan Singh Tyagi, continues its box office success,...

By 0 23

Sajid Khan talks about fading heros in Bollywood

Sajid Khan believes the classic Bollywood hero, reminiscent of Amitabh Bachchan and Dharmendra,...

By 0 23

Putin ready for direct talks with Ukraine ‘without any preconditions’

Amidst escalating tensions, Vladimir Putin has proposed direct peace talks with Ukraine in...

By 0 27

Google to pay Texas $1.4 billion to settle claims company collected users' data without permission

By 0 26