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SEBI Imposes Rs 10 8 Cr Penalty On Zenith Steel Pipes Industries

In its order, the regulator levied a fine of Rs 10 crore on Zenith Birla India Ltd (ZBIL), Rs 20 lakh each on PVR Murthy and Arun Panchariya, and Rs 10 lakh each on Yashovardhan Birla, , Zenith Steel Pipes & Industries, sebi

Zenith Birla GDR Fraud: SEBI Imposes Rs10 80 Crore Penalty on 7, Including Yash Birla

Holding seven entities, including Yash Birla, for providing security towards the loan taken by Vintage for subscribing to global depository receipts (GDR) of Zenith Steel Pipes & Industries Ltd (erstwhile Zenith Birla (India) Ltd) -ZBIL,

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