Manoj Gaur, Chairman of JP Associates is not a happy man.
Market watchdog SEBI has imposed a penalty of Rs 10 lakh each on Gaur, chairman of the conglomerate JP Associate, his wife Urvashi, and brother Sameer Gaur, as well as some company executives, for insider trading in the company's stock in 2008.
Speaking to CNBC-TV18, Gaur says, SEBI has not taken cognizance of the companies' submission. "It is unfortunate that certain inferences have been drawn on presumptions," he adds. Moreover, he states, Sameer Gaur was not part of the board and had no information. Below is a verbatim transcript of Gaur's interview on CNBC-TV18. Also watch the attached video. Q: Did you pass on any info to your family members? How did they get to know? And wasn
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