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SEBI imposes penalty of Rs 1 crore on Aditya Birla Capital’s arm

07 Oct 2022 Evaluate

Securities and Exchange Board of India (SEBI) has imposed penalty of Rs 1 crore on Aditya Birla Capital’s subsidiary company -- Aditya Birla Finance under Section 15HA of the SEBI Act, 1992. The Company is examining the order for any further course of action.

Aditya Birla Capital is one of the largest financial services players in India.

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