A bombshell from SEBI
Shares of 331 companies suspected to be ‘shell’ entities have been subject to trading restrictions by the market regulator SEBI. Reports in the public domain suggest that many of these companies are facing probes for alleged tax evasion and corporate frauds. So the regulator may be right in such cases. Some others are worth a scrutiny too. Out of the 162 BSE companies, for instance, 23 have re...
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