Sebi fines RInfra, RPower & 5 others

7 months ago 14

NEW DELHI:

Capital markets regulator

Sebi on Wednesday imposed penalties on seven entities including Reliance Infrastructure, Reliance Power and

Incredible Realcon

for non-submission of no default statement to credit rating agencies. Sebi levied a fine of Rs 1 crore each on Reliance Infrastructure, Reliance Power and Incredible Realcon, Rs 20 lakh on Paranjape Schemes (Construction), Rs 14 lakh on PVP Ventures, Rs 5 lakh on Hindustan Cleanenergy and Rs 1 lakh on Ginni Filaments.

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