SEBI imposes penalty of Rs 10.25 crore on Commex Technology

01 Jun 2022 Evaluate

Capital markets regulator -- SEBI has imposed a penalty of Rs 10.25 crore on Commex Technology in a case related to manipulation of GDR (Global Depository Receipts) issued by the company. In addition, Sebi levied a fine of Rs 5 lakh each on Adi Cooper and Kishor Hegde in the matter.

The Securities and Exchange Board of India (Sebi) conducted an investigation into the GDR issued by Commex Technology for the period May to June 2009.

Commex Technology is an established technology & consulting service provider and is in the Capital & Commodities market space through its various Products and Solutions.

Commex Technology Share Price

0.25 0.00 (0.00%)
13-Dec-2021 18:01 View Price Chart
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