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Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs21.5 lakh on Reliance Home Finance Ltd (RHFL), the company s chief executive officer Ravindra Sudhalkar, compliance officer Parul Jain and chief financial officer (CFO) Pinkesh Shah for failing to disclose the deviation in the proceeds raised from the issue of debt non-convertible debentures (NCDs) and concealing adverse information which had the potential to paint the company in a negative light from a forensic audit report. Earlier, on 6 February 2023, SEBI rejected the settlement application filed by these four. ....
SEBI Slaps Rs60 Lakh Penalty on Research Analyst Manish Goel for Acting with 'Blatant Disregard' for Clients' Interest moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
The regulator also observed that Manish assured the members of the Whatsapp/Telegram groups that they would get one stock recommendation for free in case anyone suffers a loss on account of a particular stock recommendation ....