Unjust/ unlawful gains to the tune of US$ 92 million - violations noticed by SEBI relating to the issue...

Unjust/ unlawful gains to the tune of US$ 92 million - violations noticed by SEBI relating to the issue of Global Depository Receipts (“GDRs”) by Cals Refineries Limited (“Cals”), a listed Indian company - the appellants have made unjust/ unlawful gains to the tune of US$ 92 million beyond any doubt - Recovery of amount alongwith interest confirmed. .....

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