Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs1 lakh on Kanika Arora, compliance officer of Urja Global Ltd, in the Zacobite case. At the same time,
For the first time, market regulator Securities and Exchange Board of India (SEBI) has asked Urja Global Ltd - which is found guilty of price manipulation and false statements to get a certificate of authenticity for its disclosures to the exchange.