Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
March 06, 2019 08:28 AM IST | Business

Sebi asks Sun Pharma to explain alleged fund diversion of Rs 42,000 crore, says report

The market regulator, in two separate notes dated January 28 and February 18, sought an explanation from Sun Pharma to AML’s detailed operations, along with the companies association with Sun, the report said.
Sun Pharma was also asked to explain the rationale, terms and conditions of the advances given to AML as a promoter stakeholder of the pharma company, the report added.
Sebi asks Sun Pharma to explain alleged fund diversion of Rs 42,000 crore, says report
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV