Eros International Media case: 17 entities fined by Sebi for alleged non compliance

Securities and Exchange Board of India (Sebi) fined 17 entities, totaling Rs 2 crore, for failing to provide timely information in the Eros International Media Ltd investigation. These entities did not cooperate, providing incomplete or unverifiable information, or failing to attend summons. The data requested was crucial for understanding fund siphoning and account manipulation linked to Eros International. Sebi had previously banned the company and four others for fund diversion.