SEBI Imposes Rs2 Lakh Penalty on DS Kulkarni Developers for Failing To Create Debenture Redemption Reserve for NCD

Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs2 lakh on DS Kulkarni Developers Pvt Ltd for the company's failure to create a debenture redemption reserve (DRR) to protect non-convertible debenture (NCD) holders.

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