The Securities Appellate Tribunal (SAT) has asked markets regulator SEBI to pass a final order in six months in a case related to CG Power and Industrial Solutions, wherein the company's ex-chairman Gautam Thapar and three other former officials were banned from the securities market.
Besides Thapar, the other officials banned were CG Power former chief financial officer V R Venkatesh and former directors Madhav Acharya and B Hariharan.
CG Power and Industrial Solutions (formerly Crompton Greaves) is a global pioneering leader in the management and application of electrical energy. CG provides end-to-end solutions that meet all electrical needs of its customers. CG’s offerings include electrical products, systems and services for utilities, power generation and industries.
Company Name | CMP |
---|---|
Siemens | 5781.60 |
Havells India | 1633.80 |
Apar Inds | 7793.10 |
ABB India | 6403.55 |
CG Power & Indl.Soln | 544.85 |
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