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Rights Issue Used To Pay Ransom? SEBI Bans Seacoast Shipping From Raising Funds For 5 Years

Rights Issue Used To Pay Ransom? SEBI Bans Seacoast Shipping From Raising Funds For 5 Years

The Securities and Exchange Board of India (SEBI) has barred Seacoast Shipping Services Limited (SSSL) and its key officials from raising funds from investors for five years, after finding the company guilty of diverting rights issue proceeds.

from NDTV News Search Records Found 1000 https://ift.tt/GCEgmW9

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