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22-Nov2017

Enterprise International files appeal before Securities Appellate Tribunal

Enterprise International has filed an appeal before the Securities Appellate Tribunal, Mumbai against the SEBI's adjudication order. Earlier, SEBI had imposed a penalty of Rs 4 lakh in terms of Section 23E of the SCRA for alleged violation of Clause 35 of Listing Agreement.

Enterprise International is engaged in trading of silk. The company trades in silk textiles including raw silk yarn, tussah silk and synthetic organic dyes. It caters mainly to the needs of the Indian market.




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