Source-linked briefing Business

SEBI Sanctions Dhenu Buildcon Over Alleged Round-Tripping

SEBI Sanctions Dhenu Buildcon Over Alleged Round-Tripping

Market regulator SEBI penalized Dhenu Buildcon for round-tripping funds and converting loans to equity in violation of securities norms. The order also bars key individuals associated with the firm from accessing the capital markets.

Original headline

SEBI wraps Dhenu Buildcon on roundtripping charges