Sebi slaps Rs 33.81 crore fine on senior officials of Sharepro Services, others
The Securities and Exchange Board of India (SEBI) has imposed fines totaling INR 33.81 crore ($4.6 million) on 13 individuals, including senior officials of Sharepro Services, for violating regulatory norms. The fines were imposed for misappropriation of securities and dividends belonging to genuine shareholders. SEBI’s investigation revealed fraudulent transfer of shares and falsification of...
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