SAT quashes ₹26 crore penalty, orders fresh probe into Rs 3535 cr fund diversion
The Securities Appellate Tribunal (SAT) has set aside SEBI's January 2023 order imposing a penalty of ₹26 crore on Coffee Day Enterprises Ltd (CDEL), while directing the market regulator to conduct a fresh investigation into the alleged diversion of ₹3,535 crore from seven…