A penalty of Rs 1 crore has been levied on Krishna Hari G, whereas Raju has been ordered to pay Rs 40 lakhs and Gurazada and Mahesh have been ordered to pay Rs 30 lakhs and Rs 20 lakhs respectively
Earlier in January, an Indian law enforcement agency arrested Parthasarathy and Group CFO G Hari Krishna. Both Parthasarathy and Krishna are presently on bail.
Rs 700-cr shares frozen after raids on Karvy stock broking CMD Parthasarathy, says Enforcement Directorate deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.