Sebi orders attachment of bank, demat, MF accounts of Rainbow Industries, directors
Markets regulator Sebi has ordered attachment of bank accounts as well as share and mutual fund holdings of Rainbow Industries and Constructions and its two directors to recover over Rs 11 crore
The Securities and Exchange Board of India (Sebi) in November 2018 had directed the company and its directors to refund investors' money along with interest. Source: Reuters