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Sebi fines Suzlon Energy Rs 29 crore for misleading financial statements; promoters, executives also penalised

As reported by Stocks-Markets-Economic Times
SEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circular transactions, and failing to disclose contingent liabilities, actions deemed serious violations of market regulations and disclosure norms.
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