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Prime Focus shares in focus as SEBI halts proceedings in misleading financials case
Sebi closed adjudication proceedings against Prime Focus and its directors after concluding the company applied the correct accounting treatment in business transfers to indirect subsidiaries. Allegations of misleading financial statements, accounting irregularities and regulatory violations were not substantiated, providing relief to the company and nine noticees.
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thehindubusinessline.com
SEBI closes Prime Focus accounting case, clears company and directors
SEBI clears Prime Focus and its directors of accounting irregularities, affirming compliance with financial standards in intra-group transactions.
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economictimes.indiatimes.com
Prime Focus shares in focus as SEBI halts proceedings in misleading financials case
Sebi closed adjudication proceedings against Prime Focus and its directors after concluding the company applied the correct accounting treatment in business transfers to indirect…