Suzlon Energy and former executives face hefty penalties totaling nearly Rs 29 crore from Sebi for misrepresenting financial health. The regulator found inflated profits and inadequate disclosures through subsidiary transactions. These actions, spanning several years, misled investors about the company's true financial standing and prospects.

Capital markets regulator Sebi has imposed penalties totalling Rs 28.95 crore on Suzlon Energy, its chairman and managing director Vinod R Tanti, promoter Girish R Tanti and…

In a 96-page order, SEBI said Suzlon Energy Ltd's financial statements failed to present a "true and fair view" of the profitability, net worth, leverage, financial exposure and…

SEBI fines Suzlon Energy and executives ₹29 crore for misleading financial practices, impacting investor trust and transparency.

SEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circular transactions, and failing to…

The Securities and Exchange Board of India (SEBI) penalised Suzlon Energy Ltd. (SEL)and its top brass ₹28.6 crore for ‘inflating the company’s net worth through circular…

The Securities and Exchange Board of India has fined Suzlon Energy and its top executives ₹29 crore. This action follows allegations of misleading investors by misstating…

Suzlon Energy plans to challenge Sebi's order imposing penalties of nearly Rs 29 crore on the company and former executives over alleged accounting and disclosure violations…

Suzlon Energy plans to appeal a ₹29 crore penalty from SEBI, addressing allegations of financial misrepresentation.

Suzlon Energy and former executives face hefty penalties totaling nearly Rs 29 crore from Sebi for misrepresenting financial health. The regulator found inflated profits and…

Suzlon Energy Ltd shares on Monday tanked 6% to ₹53.89 on the BSE as investors dumped the company shares days after market regulator the Securities & Exchange Board of India…