[ad_1] New Delhi: Brightcom Group Ltd, M. Suresh Kumar Reddy (BGL’s promoter-cum CMD), and Narayan Raju (CFO) were involved in round-tripping of BGL’s own funds in a circular fashion to falsely portray receipt of consideration from allottees of preferential allotments and siphoning off of proceeds of preferential allotments, SEBI has said in an order.
Brightcom Group, CMD, CFO Siphoned Off Proceeds Of Preferential Allotments: Sebi Order Read More »