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Taurus AMC settles with Sebi, pays Rs 1.94 crore as settlement charges

Taurus AMC settles with Sebi, pays Rs 1.94 crore as settlement charges

The case relates to four schemes of Taurus AMC which had exposure in debt securities issued by Gautam Thapar-run paper maker Ballarpur Industries( BILT). The company defaulted on their payment obligation in February 2017.