SEBI imposes â¹10 lakh fine on DLF over wrong disclosure
Markets regulator SEBI has imposed a fine of â¹10 lakh on real-estate firm DLF for making "wrong disclosures" on utilisation of funds raised through Initial Public Offering. SEBI said it found the company made wrong disclosures regarding fund utilisation over prepayment of loans pertaining to the September 2007 quarter. SEBI conducted investigation in the stock of DLF for June-December, 2007. 