
Markets regulator Sebi has restrained Global Infratech and Finance Ltd, its directors and 12 other individuals from the securities market for their roles in a fraudulent scheme of trading in the firm's shares. The company and its directors -- Pravin Sawant and Jagdish Chander Sharma -- have been banned from the securities market for two years, while others have been restrained for six months, as per an order passed by Sebi on July 16.
from Stocks-Markets-Economic Times
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