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SEBI slaps ₹28.6 crore penalty on Suzlon Energy for ‘accounting fraud’

The Securities and Exchange Board of India (SEBI) penalised Suzlon Energy Ltd. (SEL)and its top brass ₹28.6 crore for ‘inflating the company’s net worth through circular transactions and misleading investors.’According to the order released on Friday, SEL sold its OMS(operations and maintena...

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