Sebi Imposes Rs 38 Lakh Penalty on Coffee Day Enterprises, Executives Over Financial Disclosure Lapses
The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 38 lakh on Coffee Day Enterprises Ltd (CDEL) and several of its executives for lapses in financial disclosures. The regulator found that the company failed to provide accurate and timely information regarding its financial dealings, raising concerns about transparency and corporate…