Wednesday, February 21, 2007

Sebi imposes Rs 1-cr penalty on DLF arm, Bhoruka Fin promoters

The Securities and Exchange Board of India (Sebi) has imposed a Rs 1-crore penalty on DLF Commercial Developers and promoters of Bhoruka Financial Services (BSFL), for violating Sebi norms in trading of shares of BFSL on the Magadh Stock Exchange Association (MSEA).

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