Sebi orders the attachment of bank, demat accounts of Arun Panchariya in GDR manipulation case thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
SEBI orders attachment of bank, demat accounts of Arun Panchariya in GDR manipulation case thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
In July, Sebi imposed a penalty of Rs 25 crore on Panchariya and Rs 20 lakh on Mukesh Chauradiya for manipulation of GDR issuance in the case of Hiran Orgochem.
In its notice issued on November 23, the regulator has also warned Panchariya of arrest and attachment of assets as well as his bank accounts if he fails to make the payment within 15 days.
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.