Tuesday, March 3, 2020

SEBI imposes Penalty on Acquires of Polo Hotels for Non-Compliance of Directions [Read Order]

The Securities and Exchange Board of India (SEBI) has imposed a penalty on 3 of the directors of Polo Hotels Ltd. for not complying with the directions of the later directed in an earlier order. SEBI, upon receiving various complaints regarding the irregularities in a substantial acquisition of equity shares of Haryana State Industrial Development […]

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