SEBI is doing / making rules but what about action for default? Public issue money used for Payment of dividend Ratnamani Engineering Limited in 1994 Now Ratnamani Metals amnd Tubes Limited , Proceeds of OCD with detachable warrant was used for investment in financing business Jindal Iron and Steel Co Limited Now JSW Steel Limited in 1995/1996!! Complaints atre on their records no action so far !!!!



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