Sebi slaps Rs 20 lakh fine on two former DHFL promoters
The Securities and Exchange Board of India (SEBI) has imposed fines of INR2m ($27,441) on two former Dewan Housing Finance Corp promoters for violating disclosure norms. The SEBI imposed a penalty of INR1m each on Kapil Wadhawan and Dheeraj Wadhawan for failing to disclose full details about a transaction involving shares held by the company.
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