Sebi bars Global Infratech, its directors, 12 individuals from securities market - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Sebi bars Global Infratech, its directors, 12 individuals from securities market

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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