SEBI slaps Rs 6-lakh penalty on Capital First for disclosure lapses

Market regulator Securities and Exchange Board of India (SEBI) on August 25 imposed a penalty of Rs 6 lakh on Capital First Ltd for not disclosing encumbrance on shares of Deccan Chronicle Holdings Ltd (DCHL). Capital First (earlier known as Future Capital Holdings) merged with IDFC Bank in 2018 and the merged entity is called […]