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Sebi proposes Rs 50,000 fine for firms not cooperating with monitors

viaeconomictimes.indiatimes.com14 Oct
Sebi proposes Rs 50,000 fine for firms not cooperating with monitors
Sebi has proposed a fine of ₹50,000 for each instance of non-cooperation by listed companies. Monitoring agencies would be empowered to submit reports directly to stock exchanges. Stricter enforcement measures may include freezing promoters’ demat accounts. Companies are required to provide…

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