Sebi imposes Rs 58.5 crore penalty on Seya Industries’ top executives for financial fraud and fund diversion
Markets regulator Sebi has imposed a total penalty of Rs 58.5 crore on four senior officials of Seya Industries Ltd, including promoter and Chairperson Ashok Rajani and his son, Amrit Rajani, for allegedly siphoning off funds and falsifying financial statements over multiple years, news agency PTI reported.In its final 122-page order issued Friday, Sebi found […]