The Enforcement Directorate (ED) on Thursday said that they have seized immovable properties worth Rs 8.03 Crore belonging to CAT Technologies Limited, its promoters, and directors under section 37A of the Foreign Exchange Management Act .
Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty totaling Rs25.20 crore on two individuals, Arun Panchariya (AP) and Mukesh Chauradiya in a case related to the manipulation of global depository receipt (GDR) issuance of Hiran Orgochem Ltd.
In its order, the regulator levied a fine of Rs 10 crore on Zenith Birla India Ltd (ZBIL), Rs 20 lakh each on PVR Murthy and Arun Panchariya, and Rs 10 lakh each on Yashovardhan Birla, , Zenith Steel Pipes & Industries, sebi