India: The Securities and Exchange Board of India (SEBI) has fined Jaypee Infratech US$9140 for its failure to disclose its issue of a series of non-convertible debt securities. The company additionally failed to inform the BSE exchange of defaults in payment with respect to some of the series.
Jaypee Infratech fined US$9140 for non-disclosure of non-convertible debt securities issue
Written by Global Cement staff
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