SEBI lets off Tata Motors for concealing facts in 18-year-old case

SEBI lets off Tata Motors for concealing facts in 18-year-old case

• By Staff Writer

SEBI has let off Tata Motors Limited (TML) with a warning to be "more careful" in its future dealings in the securities market. SEBI said adverse orders passed now may not practically serve any purpose for events accrued over 18 years ago. It was alleged that Tata Finance, which was merged with TML, concealed true and correct facts from investors.