Fortis Healthcare funds diversion case: SEBI bans Shivender and Milvender Singh from markets

Market regulator SEBI has banned Shivinder Singh and Malvinder Singh, the former promoters of Fortis Group, for three years or until they repay over ₹400 crore to Fortis Healthcare (FHL) with interest. SEBI had directed the Fortis Healthcare audit committee to regularly monitor the progress of such measures being taken by the company and report the same … Read more