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Markets regulator SEBI has penalized Rushil Decor, Corporate Strategic Allianz, and six others for disclosure lapses in their IPO documents.
SEBI has imposed a total penalty of Rs 7 lakh on Rushil Decor and signatories of the IPO prospectus -- Vipul Vora, Ghanshyam Ambalal Thakkar, Krupesh Ghanshyambhai Thakkar, Harshadbhai Navnitlal Doshi, Shankar Prasad Bhagat and Hasmukh Kanubhai Modi.
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