Edition:
India

Manappuram Finance Get Show Cause Notice From SEBI


Friday, 7 Jun 2019 

June 7 (Reuters) - Manappuram Finance Ltd ::COMPANY HAS RECEIVED A SHOW CAUSE NOTICE FROM SEBI DATED 29TH MAY 2019 PERTAINING TO AN INCIDENT IN 2013.NOTICE ALLEGES CERTAIN OFFICIALS OF CO SELECTIVELY DISCLOSED UNPUBLISHED PRICE SENSITIVE INFORMATION TO RESEARCH ANALYST FIRM.COMPANY IS CURRENTLY EXAMINING CONTENTS OF NOTICE AND SEEKING LEGAL ADVICE ON NEXT COURSE OF ACTION.NO ALLEGATION OF ANY MALAFIDE INTENT OR THAT ANY UNLAWFUL GAIN WAS MADE OR SOUGHT TO BE MADE BY THE OFFICIALS OR CO.