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).

Company Name CMP
United Spirits 765.60
United Breweries 1574.75
Radico Khaitan 1098.55
Globus Spirits 766.50
Tilaknagar Inds 111.20
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