SEBI Cracks Down on First Overseas Capital: 2-Year Ban and Rs 20 Lakh Fine
SEBI’s Regulatory Action Against First Overseas Capital The Securities and Exchange Board of India (SEBI) has taken a significant regulatory action against First Overseas Capital Ltd (FOCL), a merchant banker, by imposing a 2-year ban on the company from taking new mandates and levying a fine of Rs 20 lakh for multiple violations of regulatory […]