SEBI Fines 18 Entities ₹2.8 Crore, Debars for 5 Years in RGRL Share Manipulation Case

India's market regulator, SEBI, has imposed a ₹2.8 crore fine on 18 entities and debarred them for five years for their involvement in the RGRL share manipulation case, also directing 15 of them to disgorge unlawful gains with interest.

18 Mar, 09:08 — 18 Mar, 09:08

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hinduMostly Factual159d ago

SEBI levies ₹2.8 crore fine on 18 entities; debars for 5 years in RGRL share manipulation case

The regulator has directed 15 of these entities to disgorge the total unlawful gains worth ₹2.94 crore, along with 12% interest per annum from December 31, 2021, till the date of payment

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SEBI Fines 18 Entities ₹2.8 Crore, Debars for 5 Years in RGRL Share Manipulation Case

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SEBI levies ₹2.8 crore fine on 18 entities; debars for 5 years in RGRL share manipulation case

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