Sebi levies Rs 2.8 cr fine on 18 entities; debars for 5 yrs in RGRL share manipulation case

Sebi has imposed penalties totaling Rs 2.8 crore on 18 entities. These entities are barred from securities markets for up to five years. They manipulated the share prices of Retro Green Revolution Ltd. Sebi also directed 15 entities to disgorge unlawful gains of Rs 2.94 crore. This action follows a probe into fraudulent trading practices.

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