Educomp Directors fined ₹1 cr, ₹1.1 cr for misleading investors

Educomp Solutions' Directors Shantanu Prakash and Jagdish Prakash have been fined ₹1.1 crore and ₹1 crore each by SEBI for misleading investors. Shantanu has been barred from dealing in securities and from holding any directorial or key managerial personnel position in any listed company or intermediary registered with SEBI for five years, while Jagdish for a period of three years.