Market regulator Securities and Exchange Board of India (SEBI) has imposed a monetary penalty of Rs2 lakh on Europlus One Realty Pvt Ltd, Simran Sunil Raheja, Poonam Giridharilal Raheja, Sunil Girdharilal Raheja, Lokesh Inder Kapoor, Seema Lokesh Kapoor, Inder Kapoor and Mist Hotels Pvt Ltd (erstwhile GKPR Tradex Pvt Ltd). These eight entities have been held jointly and severally liable to pay the penalty for violating disclosure requirements under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in connection with their trading in the scrip of Vinny Overseas Ltd. Vinny Overseas, a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), was investigated by SEBI for possible violations during the period between 13 O
SEBI Imposes Rs2 Lakh Penalty on 8 Entities for Disclosure Lapses in Vinny Overseas Case
Moneylife11 hrs ago
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