Sebi imposes penalty on Suzlon, executives for misstating financials

May 30, 2026

The Securities and Exchange Board of India has fined Suzlon Energy and its top executives ₹29 crore. This action follows allegations of misleading investors by misstating financial statements between FY14 and FY20. Sebi’s investigation revealed questionable transactions, including the sale of a business at an inflated price.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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