Sebi levies Rs 23 lakh fine on 3 entities for violating open offer norms

Sebi on Friday levied fines totalling Rs 23 lakh on three entities for violating open offer and disclosure lapses in the matter of Rammaica India Ltd. The regulator imposed a fine of Rs 17 lakh on Tien Trading Pvt Ltd, Rs 4 lakh on Artlink Vintrade Ltd and Rs 2 lakh on Kyner Trading Pvt Ltd, according to a Sebi order.

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