Capital markets regulator Sebi on Monday levied a fine of Rs 25 lakh on Citrus Check Inns' three directors for flouting its directions, prohibiting the company from collecting fresh money from investors.
The penalty imposed on Omprakash Basantlal Goenka, Prakash Ganpat Utekar and Venkatraman Natarajan has to be paid jointly and severally within 45 days.
