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SEBI Slaps Rs11 lakh Penalty on Bilcare, CMD Mohan Bhandari and 6 Others for Financial Reporting Violations

Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs11 lakh on Bilcare Ltd, the Company’s chairman and managing director (CMD) Mohan Bhandari and six other directors and key executives for violating financial reporting and adherence to accounting standards. ....

Rajendra Tapadia , Laxminarayan Rathi , Praful Naik , Nutan Bhandari , Sasha Shetty , Pawan Chandak , Avinash Joshi , Mohan Bhandari , Bilcare Ltd , Exchange Board Of India , Exchange Board , Ratan Laxminarayan Rathi , Misstating Financials ,