News > SEBI penalises Eicher Motors for flouting rules

SEBI penalises Eicher Motors for flouting rules

Times Now | 02/06/2022 08:30 AM | Click to read full article

Capital markets regulator SEBI imposed a penalty of Rs 10 lakh on Eicher Motors on Wednesday for failing to exercise due diligence in a case pertaining to the issuance of duplicate shares or new certificates.

The company has been directed to pay the fine within 45 days, according to an order issued by the Securities and Exchange Board of India (SEBI).