Suzlon Energy shares fall over 2% after SEBI fines Rs 29 crore for misleading financial statements

Suzlon Energy shares 2% dipped after Sebi imposed nearly Rs 29 crore in penalties on the company and former executives for misrepresenting financial positions. The regulator found inflated profits and inadequate disclosures stemming from transactions involving subsidiaries, impacting the company’s reported net worth and financial health.

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