You are here

Indian developer fined 72.7b rupees for raising funds without approval


INDIA'S markets regulator imposed a penalty of 72.7 billion rupees (S$1.56 billion) on PACL Ltd for raising funds from the public without its approval.

The Securities and Exchange Board of India (Sebi) directed the New Delhi-based real estate developer to pay the fine within

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom