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The regulator, through its order last month, barred 10 entities, including Bombay Dyeing & Manufacturing Company Ltd, Nusli N Wadia and his sons — Ness Wadia and Jehangir Wadia — from the securities markets for up to two years. Besides, it imposed fines totalling Rs 15.75 crore on them for being involved in a fraudulent scheme of misrepresenting the company’s financial statements.
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