Sebi slaps Rs 5 lakh fine on IFCI Factors, 3 others

Sebi slaps Rs 5 lakh fine on IFCI Factors, 3 others

New Delhi, Markets regulator Sebi has imposed a total penalty of Rs 5 lakh on four entities, including IFCI Factors, for disclosure lapses in the matter of Shiva Cement. Apart from IFCI Factors, the other three entities are Shiva Cement’s promoters — Unicon Merchants, Akash Gupta and Preeti Gupta. Following an examination, the regulator had […]