SEBI imposes penalty of â¹8 lakh on Emami Chairman
Markets regulator SEBI has imposed a penalty of â¹8 lakh on Emami Chairman RS Agarwal in a case related to Amrutanjan Healthcare (AHL). The regulator said the desire expressed by Emami Chairman to buy AHL, without first discussing it with the company's board, was a "reckless" statement and this impacted the trading as well as the share price of AHL.