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Suzlon shares tank 6% after SEBI penalty
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 (SEBI) imposed a fine of ₹28.6 crore on the company and its top brass for ‘inflating the company’s net worth through circular transactions and misleading investors.
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economictimes.indiatimes.com
Sebi imposes penalty on Suzlon, executives for misstating financials
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…
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'Misleading financial statements': Suzlon to challenge Sebi's penalty order before SAT
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…
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thehindubusinessline.com
Suzlon Energy to challenge SEBI's ₹29 cr penalty order in SAT
Suzlon Energy plans to appeal a ₹29 crore penalty from SEBI, addressing allegations of financial misrepresentation.
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Suzlon Energy shares in focus after SEBI fines Rs 29 crore for misleading financial statements
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…
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thehindu.com
Suzlon shares tank 6% after SEBI penalty
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…