DHFL case: Sebi bans Kapil Wadhawan, Dheeraj Wadhawan, four others from mkt; imposes Rs 120-cr fine

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Sebi has barred former DHFL CMD Kapil Wadhawan, along with other executives, from the securities markets for up to five years due to fund diversion and fabricated books. Penalties totaling Rs 120 crore have been imposed, and they are restricted from key positions in listed companies.