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Published 13 days ago

SEBI Issues Rs 14 Crore Fine On LEEL Electricals Promoter, Former Officials; Imposes Five Year Ban

Summary by NDTV Profit
Markets regulator SEBI on Thursday slapped fines amounting to Rs 14.2 crore on LEEL Electricals' promoter Bharat Raj Punj and its six former officials and barred them from the securities markets for up to five years in a case of malpractices and manipulations in the company's accounts.Also, they have been barred from being associated with any listed company or any registered intermediary, in any capacity, including as a director for three years.…

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SEBI Issues Rs 14 Crore Fine On LEEL Electricals Promoter, Former Officials; Imposes Five Year Ban

Markets regulator SEBI on Thursday slapped fines amounting to Rs 14.2 crore on LEEL Electricals' promoter Bharat Raj Punj and its six former officials and barred them from the securities markets for up to five years in a case of malpractices and manipulations in the company's accounts.Also, they have been barred from being associated with any listed company or any registered intermediary, in any capacity, including as a director for three years.…

13 days ago
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