Eros shares plunge for the third day in a row; SEBI order wipes out investor confidence
On Monday, 56 lakh Eros shares changed hands which was four times more than the monthly traded average of 12 lakh shares.
Source: moneycontrol.com
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Eros Intl allegedly used non-existent films to siphon funds
While investigations are ongoing, SEBI says that prima facie it seems that the production company cooked the books and signed agreements with bogus content makers, distributors
Source: moneycontrol.com
Eros International Siphoned Rs 1,500 Crore Using Non-Existing Films
The enquiry by Sebi also found that Eros International was round-tripping its own funds to show revenues.
Source: freepressjournal.in
SEBI bans Eros International, promoters, MD and CEO from capital market over fund diversion issue: Best Media Info
Best Media Info: Apart from Eros International and its two senior executives, the two promoter entities Eros Worldwide FZ and Eros Digital Private have also been restrained by the market regulator| Television News
Source: bestmediainfo.com
Eros International shares tumble 20 pc
Shares of Eros International Media Ltd fell sharply by nearly 20 per cent on Friday after Sebi barred the media and entertainment firm, its promoters, MD Sunil Arjan Lulla and CEO Pradeep Kumar Dwivedi from the securities markets in a case pertaining to the possible diversion of funds. The stock
Source: dailypioneer.com