Rose Valley Real Estates

The CBI has filed a supplementary charge sheet against Rose Valley Real Estates and Construction Ltd, its chairman Gautam Kundu and others in connection with a ponzi scam allegedly perpetrated by it in Tripura, officials said on Friday.

Sebi has imposed Rs 1 crore penalty on Rose Valley Real Estates and Constructions for not providing details sought by the market regulator in a case charging the company of issuing debentures illegally.

The CBI has filed a supplementary charge sheet against Rose Valley Real Estates and Construction Ltd, its chairman Gautam Kundu and others in connection with a ponzi scam allegedly perpetrated by it in Tripura, officials said on Friday.

Sebi has imposed Rs 1 crore penalty on Rose Valley Real Estates and Constructions for not providing details sought by the market regulator in a case charging the company of issuing debentures illegally.