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Sebi seizes 26 properties of Utkarsha Plotters for raising funds illegally
To recover dues worth Rs 390 million, markets regulator Sebi has ordered attachment of 26 properties of Utkarsha Plotters & Multi Agro Solutions India and its directors in a case related to illegal fund raising. The properties being attached are agricultural as well as non-agricultural land parcels, commercial shop and bungalow located in Maharashtra, the Securities and Exchange Board of India (Sebi) said in an order.
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