DHFL case: SEBI bans Kapil, Dheeraj Wadhawan, 4 others from market; imposes ₹120 crore fine

Markets regulator SEBI has banned Dewan Housing Finance Corp Ltd’s former CMD Kapil Wadhawan, ex-director Dheeraj Wadhawan, and four others from the securities markets for up to five years and imposed a penalty totalling ₹120 crore on them for diverting funds and fabricating books. Additionally, they have been restrained from holding any key position in…

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