Videocon Industries Ltd News
Sebi orders attachment of bank accounts of Venugopal Dhoot, Electroparts
Capital markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of Venugopal Dhoot and Videocon industries' promoter entity Electroparts (India) to recover dues of around Rs 68.5 lakh. Before this, the regulator on September 30 sent a notice to Videocon Industries' promoter entity Electroparts (India) Pvt Ltd and its Chief Executive Officer (CEO) Venugopal Dhoot and asked them to pay dues within 15 days in a case on insider trading activities in the shares of Videocon Industries. The attachment notice came after Dhoot and Electroparts (India) failed to pay the fine imposed on them. In two attachment orders passed on Friday, the markets watchdog has ordered the attachment of bank, demat accounts and mutual fund folios of Venugopal Dhoot and Electroparts (India) to recover the pending dues. Going by the notices, dues of Rs 68.52 lakh were pending with Dhoot and Electroparts (India), which includes interest and recovery costs. As per the
 "Sebi orders attachment of bank accounts of Venugopal Dhoot, Electroparts")
Videocon case: Sebi issues Rs 1 cr demand notices to Dhoot, 2 others
Capital markets regulator Sebi has sent demand notices to industrialist Venugopal Dhoot and two other entities, asking them to pay nearly Rs 1.03 crore for insider trading activities in the shares of Videocon Industries. The regulator has warned Venugopal Dhoot of arrest and attachment of his bank accounts and assets as well as other entities if they fail to make the payment within 15 days. Apart from Dhoot, the other two entities who have been sent notices are Electroparts (India) Pvt Ltd and Videocon Realty and Infrastructures. The demand notices came after these entities, including Dhoot, failed to pay the fine imposed on them by the Securities and Exchange Board of India (Sebi) in September 2021. In the event of non-payment of dues, the market watchdog will recover the amount by attaching and selling the moveable and immovable properties of these entities, the regulator said in three separate notices. Besides, they face attachment of their bank accounts and detention. In Sept
