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Sebi fines Suzlon ₹1.1cr for violating insider trading norms
short by Manaya Bagga / on Saturday, 21 April, 2018
Markets regulator SEBI has imposed a penalty of ₹1.1 crore on wind turbine maker Suzlon Energy for violating insider trading norms. The violations pertain to failure to reveal certain corporate orders received by the company. Suzlon failed to disclose price sensitive information as required under the listing regulations on "more than one occasion".
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