Fortis Healthcare case: Sebi slaps Rs 24 cr penalties on Singh brothers, 7 other entities - Business News: Latest News & Videos about market and economy | Trendmergers

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Fortis Healthcare case: Sebi slaps Rs 24 cr penalties on Singh brothers, 7 other entities

In its order, Sebi noted that Singh brothers, RHC Holding, Malav Holdings and Shivi Holdings played a key role in the diversion of funds in the garb of investment through ICDs from Fortis Hospitals/ Fortis Healthcare, as the funds from the listed company moved through various conduit entities.

from Industry-Economic Times
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