Wednesday, 05 August 2026 · World
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EUROS The World Financial Report
Nº 25 Wednesday, 05 August 2026 · World Edition
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Sebi settles case against India Power Corp's Raghav Raj Kanoria for Rs 24.7 lakh

Markets-Economic Times · 2h ago · 🇮🇳 India
Sebi settles case against India Power Corp's Raghav Raj Kanoria for Rs 24.7 lakh

The Securities and Exchange Board of India (Sebi) has concluded adjudication proceedings against Raghav Raj Kanoria, managing director of India Power Corporation. Kanoria has agreed to pay a settlement sum of Rs 24.7 lakh to settle allegations concerning misstatements in financial records for two fiscal years. He resolved the issue without admitting to any wrongdoing, leading to the conclusion of the proceedings.

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