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Sebi fines GHCL Rs 1.25 crore

The company did not disclose to investors encumbrance of around 48% of shares held by promoters

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Sachin P Mampatta Mumbai
The Securities and Exchange Board of India (Sebi) fined GHCL Rs 1.25 crore for not disclosing to investors the encumbrance of around 48% of shares held by promoters and promoter group of GHCL.

The order was passed on Tuesday.

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First Published: Aug 06 2013 | 9:02 PM IST

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