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Satyam Scam: SEBI Asks Ramalinga Raju, Other Promoters To Disgorge Rs1,747 Crore, Including Interest

Market regulator Securities and Exchange Board of India (SEBI) has asked six entities, including former promoters of Satyam Computer Services Ltd (Satyam), to disgorge unlawful gains of Rs624 crore with an interest of 12%pa (per annum) for about 15 years, taking the total amount to over Rs1,747 crore. ....

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Satyam scam: SEBI passes order asking company's promoters to disgorge Rs 1,747 crore

The total amount that these entities need to pay is about Rs 1,747.5 crore assuming they pay it back by January 2024 when the deadline is set. This includes an interest amount of Rs 1123 crore for about 15 years. ....

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