Capital First Ltd. controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
SEBI fines Capital First Rs 6 lakh over nondisclosure
Fine or penalty
India's securities regulator, SEBI, imposed a Rs 6 lakh penalty on Capital First for failing to disclose encumbrances on Deccan Chronicle Holdings shares. SEBI said the company violated disclosure provisions under the SAST Regulations, 2011.
Source excerpt
"The noticee by not making requisite disclosures of the said encumbrances on shares of DCHL held by them to the stock exchanges and DCHL, the noticee has violated the provisions of ... (SAST) Regulations, 2011," SEBI said.
market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs6 lakh on Capital First Ltd for not disclosing encumbrance on shares of Deccan Chronicle Holdings Ltd (DCHL).