SEBI Bars Kore Digital From Public Fundraising
India markets regulator SEBI has barred telecom firm Kore Digital from raising public funds and blocked its board migration. The regulator alleges the company inflated revenue through non-genuine subsidiaries.
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KORE DIGITAL LTD has been barred from public fundraising by India's markets regulator following allegations of revenue inflation through non-genuine subsidiaries. The directive blocks the telecom infrastructure firm from migrating to the main stock exchange board.
