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Stock Manipulation: SEBI Imposes Rs45 Lakh Penalty on 9, Including Promoters and MD of Gokul Solutions, Asks 6 To Disgorge Unlawful Gains of Rs2.28 Crore

Market regulator Securities and Exchange Board of India (SEBI), while imposing a total penalty of Rs45 lakh on nine entities, including the company, its promoter and managing director (MD) and non-executive director, directed six of them to disgorge Rs2.28 crore, the unlawful gains earned by manipulating the share price of Gokul Solutions Ltd (GSL), with an interest of 12%pa (per annum). SEBI also barred these nine entities from markets for six months. ....

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Mumbai: SEBI Imposes ₹45 Lakh Fine On 9 Entities For Share Price Manipulation of Gokul Solutions Ltd

Mumbai: SEBI Imposes ₹45 Lakh Fine On 9 Entities For Share Price Manipulation of Gokul Solutions Ltd
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Uttar Pradesh , Sunita Agarwal , Babitha Rayudu , Sanjay Kumar Agarwal , Metrocity Suppliers Pvt Ltd , Aryavrat Suppliers Pvt Ltd , Gokul Solutions , Gokul Solutions Ltd , Arrowline Distributors Pvt Ltd , Sourav Management Pvt Ltd , Sourav Nursing Home Pvt Ltd , Exchange Board Of India , Exchange Board , Sourav Builders , Kumar Agarwal , Non Executive Director Sunita ,

NSEL Paired Contracts: Adroit Commodities Services Broker Suspended for 3 Months by SEBI

Market regulator Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of Adroit Commodities Services Pvt Ltd, for three months for facilitating the sale of paired contracts on the now-defunct National Spot Exchange (NSEL). ....

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NSEL Paired Contracts: Yashwi Commodities Registration Suspended for 3 Months

Market regulator Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of Yashwi Commodities Pvt Ltd for three months for facilitating the sale of paired contracts on the now-defunct National Spot Exchange Ltd (NSEL). ....

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Mavji Haribhai Commodities' Registration Suspended for 3 Months in NSEL Paired Contracts Case

Market regulator Securities and Exchange Board of India (SEBI) has suspended for three months the certificate of registration of Rajkot-based Mavji Haribhai Commodities for facilitating the sale of paired contracts on the now-defunct National Spot Exchange (NSEL). ....

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