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SEBI Slaps Rs 25 Cr Penalty On Coffee Day Enterprises

Markets regulator SEBI on Wednesday imposed a penalty of Rs 25 crore on Coffee Day Enterprises (CDEL), which owns Cafe Coffee Day, for allegedly violating of securities laws. In a detailed investigation carried out by SEBI, the diversion of funds amounting to Rs 3,535 crore from seven subsidiaries of CDEL to Mysore Amalgamated Coffee Estates […]

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