Sebi bans Satyam’s Raju, others for 14 yrs from mkt

The markets regulator also directed them to disgorge Rs 813 crore of illegal gains. Of this amount, SRSR Holdings will pay Rs 675 crore, while Suryanarayana Raju will pay nearly Rs 82 crore, Rama Raju almost Rs 30 crore and Ramalinga Raju will pay just under 27 crore, according to the order, which shall come into effect from such date as directed by the Supreme Court (SC).

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