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Sebi bars Kore Digital promoters over alleged Rs 541 crore revenue misstatement

Sebi has restrained Kore Digital and three key executives after finding prima facie evidence of misstated financials, qu...

Sebi bars Kore Digital promoters over alleged Rs 541 crore revenue misstatement
Source: Economic Times - Forex

Sebi has restrained Kore Digital and three key executives after finding prima facie evidence of misstated financials, questionable subsidiaries, suspicious accounting and alleged diversion of preferential issue proceeds. The regulator also blocked main-board migration and ordered a forensic audit of company records.

SOURCE: Economic Times - Forex
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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