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SEBI imposes Rs 1 cr fine on SGI Research, 7 directors

SEBI imposes Rs 1 cr fine on SGI Research, 7 directors

Thu, Nov 23, 2017

SEBI has imposed a fine totalling Rs 1 crore on SGI Research and its seven directors -- Lokeshwar Dev, Priyanka Saraswat Dev, Ramesh Sharma, Pradeep Sharma, Baldev Raj Sharma, Sanjeev Sharma and Sonia Sharma. Earlier in 2013, the market regulator had barred them from the capital market for ten years for allegedly duping investors. 

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