SEBI bans Omaxe, 5 others for violating minimum public shareholding norms
New Delhi: Market regulator SEBI has barred realty firm Omaxe ltd. and five others from accessing the securities market for up to one year and imposed a fine totalling ₹1.92 crore for allegedly creating an artificial public shareholding structure to meet minimum public shareholding requirements. Omaxe has been restrained from accessing the securities market for…
