SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SEBI slaps Rs 6 lakh fine on Monnet Ispat & Energy for disclosure lapses

27 Jun 2020 Evaluate
Markets regulator SEBI has imposed a penalty of Rs 6 lakh on Monnet Ispat & Energy for disclosure lapses. SEBI had conducted probe regarding the company's compliance with provisions of LODR (Listing Obligations and Disclosure Requirements) norms.

The probe found that the company, in its quarterly financial statements for the period ended December 31, 2017, December 31, 2016, September 30, 2016, June 30, 2016, March 31, 2016, failed to disclose to BSE the extent and nature of security created and maintained with respect to its listed non-convertible debentures (NCDs), as required under LODR Regulations.

Monnet Ispat and Energy is a holding company. The company is engaged in the business of conducting coal mining operations and manufacturing coal-based sponge iron and various other steel/iron-based products.

JSW Ispat Special Share Price

38.97 0.00 (0.00%)
09-Aug-2023 18:01 View Price Chart
Peers
Company Name CMP
Tata Steel 206.55
JSW Steel 1204.00
SAIL 167.90
Jindal Stainless 765.15
APL Apollo Tubes 1978.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×