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Sebi proposes Rs 50,000 fine for firms not cooperating with monitoring agencies

Sebi proposes Rs 50,000 fine for firms not cooperating with monitoring agencies

Sebi has proposed a fine of ₹50,000 for each instance of non-cooperation by listed companies with monitoring agencies. Stricter enforcement measures may include freezing promoters' demat accounts. This initiative aims to ensure better accountability and transparency in the functioning of listed companies.

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