Sebi slaps Rs 20 lakh fine on DHFL for violating market norms

Markets regulator Sebi on Friday levied a fine of Rs 20 lakh on Dewan Housing Finance Corporation Ltd (DHFL) for not complying with market norms while issuing non-convertible debentures (NCDs). The markets watchdog had received a reference from Catalyst Trusteeship Ltd, a Sebi-registered debenture trustee, pertaining to NCDs issued by DHFL.

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