Business StandardCenter·
Sebi bars EKI Energy, MD Dabkara, others from market; imposes penalty
Markets regulator Sebi has barred EKI Energy Services Ltd and its Managing Director Manish Kumar Dabkara from the securities market for two months and 12 months, respectively, for misrepresenting financial statements of the carbon credits trading firm and diverting funds. Also, the regulator has restrained the company's former Chief Financial Officer (CFO) Mohit Kumar Agarwal from the securities market for eight months, while whole-time directors Naveen Sharma and Sonali Sheikh have been prohib…
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