SEBI orders forensic audit of Pincon Spirit

21 Dec 2017 Evaluate

The Securities and Exchange Board of India (SEBI) has ordered forensic audit of Pincon Spirit, which figures in the list of suspected shell companies, to check misuse of funds even as the regulator lifted trading curbs imposed on it.

Pincon Spirit is engaged in the business of Blending, Bottling and Wholesale Distribution of Indian Made Foreign Liquor (IMFL) Products viz. Rum, Whisky, Vodka, Brandy and Beer (alcoholic beverage).


Peers
Company Name CMP
United Spirits 1134.50
United Breweries 1736.90
Radico Khaitan 1726.45
Globus Spirits 664.80
Tilaknagar Inds 212.40
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