Sebi Bars EKI Energy, MD Dabkara; Imposes Rs 88 Lakh Penalty
The Securities and Exchange Board of India (Sebi) has barred EKI Energy Services Ltd and its Managing Director Dabkara from the market for financial misreporting. Sebi found the company recognized revenue prematurely and inflated expenses, distorting profit reports. Penalties totaling Rs 88 lakh were imposed on the company, and several executives were fined for their roles in these discrepancies.
ET Markets·




