Tag: fine Rs.10 lakh

Sebi imposes Rs.10 lakh penalty on ISG Traders

Markets regulator Sebi on March 8 slapped a fine of Rs.10 lakh on ISG Traders for non-disclosure of acquisition of shares in Stone India Ltd. The entity had violated Sebi SAST (Substantial Acquisition of Shares and Takeovers) Regulations by failing to make a public announcement after its shareholding in Stone India crossed 25 per cent. …

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March 9, 2017