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Sebi bans former Pyramid Saimira chairman from mkts

Posted on: December 23rd 2010 in Market News.

The Securities and Exchange Board of India (Sebi) has banned P S Saminathan, former chairman of Pyramid Saimira Theatre, from dealing in securities in any manner for 10 years, for allegedly inflating profit and revenues. Saminathan has also been barred from being a director in any listed…

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