Alchemist Infra

Sebi had directed the firm to refund the money illegally raised from investors within three months. Later, the timeframe was extended to 18 months by the Securities Appellate Tribunal (SAT).

In a fresh crackdown on illegal fund raising activities, market regulator Securities and Exchange Board of India (Sebi) on Friday barred Alchemist Holdings and its seven directors from raising any money from investors and asked them not to divert any funds or dispose any properties till further orders.

A company owned by KD Singh, a Member of Parliament from Mamata Banerjee's Trinamool Congress has been given three months to wind up a scheme through which it collected over Rs 1,000 crore in the last five years from small investors across the country. Every investor is meant to be refunded by Alchemist Infra Realty Limited, part of the gigantic Al...

A company owned by Trinamool Congress' KD Singh has been given three months to wind up a scheme through which it collected over Rs 1,000 crore in the last five years from small investors across the country.

A company owned by Trinamool Congress MP KD Singh is under the scanner once again. The market regulator, Securities and Exchange Board of India (SEBI), has asked Alchemist Infra Realty Limited to wind up its "collective investment schemes".

The Saradha Group collapse, which wiped out the savings of lakhs of people, has forced a reality check among small investors in rural Bengal who have invested in other schemes that promised big returns.

KD Singh, Chit Fund scam, West Bengal Chit Fund, Alchemist Group, Trinamool Congress, Alchemist Infra Realty Limited, West Bengal, Veerappa Moily, Corporate Affairs Minister

Sebi had directed the firm to refund the money illegally raised from investors within three months. Later, the timeframe was extended to 18 months by the Securities Appellate Tribunal (SAT).

In a fresh crackdown on illegal fund raising activities, market regulator Securities and Exchange Board of India (Sebi) on Friday barred Alchemist Holdings and its seven directors from raising any money from investors and asked them not to divert any funds or dispose any properties till further orders.

A company owned by KD Singh, a Member of Parliament from Mamata Banerjee's Trinamool Congress has been given three months to wind up a scheme through which it collected over Rs 1,000 crore in the last five years from small investors across the country. Every investor is meant to be refunded by Alchemist Infra Realty Limited, part of the gigantic Al...

A company owned by Trinamool Congress' KD Singh has been given three months to wind up a scheme through which it collected over Rs 1,000 crore in the last five years from small investors across the country.

A company owned by Trinamool Congress MP KD Singh is under the scanner once again. The market regulator, Securities and Exchange Board of India (SEBI), has asked Alchemist Infra Realty Limited to wind up its "collective investment schemes".

The Saradha Group collapse, which wiped out the savings of lakhs of people, has forced a reality check among small investors in rural Bengal who have invested in other schemes that promised big returns.

KD Singh, Chit Fund scam, West Bengal Chit Fund, Alchemist Group, Trinamool Congress, Alchemist Infra Realty Limited, West Bengal, Veerappa Moily, Corporate Affairs Minister