Source : Money Control

Invesco Asset Management Co Ltd and five of its senior officials, including its Chief Executive Officer, Saurabh Nanavati and its former Head-Fixed Income Sujoy Das, have jointly paid a sum of Rs 4.98 crore to the capital market regulator, Securities and Exchange Board of India (SEBI) as part of a settlement order. The payment was made “jointly and severally”, which in legal parlance means that either one person or few or all would have paid (the full amount) in any division.

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