Tags:
Journalism of Courage
The Bombay Stock Exchange has imposed a fine of Rs 5 lakh on a large number of traders who had manipulated shares of KGN Industries and Sylph Technologies last month. The BSE has fined 222 traders for manipulation in the shares of KGN while in the case of Sylph Tech, the exchange has fined 118 traders. This means the BSE would collect around Rs 17 crore as fine from these traders for manipulation in the shares.
The BSE said trading members were told about resumption of trading in the two scrips of KGN Industries and Sylph Technologies wherein all trades would be settled on trade to trade basis. The trading in these scrips had resumed after a long gap on May 21 and 22.
