13 Oct 2025 | 5 Mins Read
Zenith Infotech settles 12-year Sebi case for Rs 3.56 crore
Flipitmoney
Zenith Infotech and its promoters, Rajkumar Saraf and Akash Saraf, settled a Sebi case by paying a Rs 3.56 crore consent fee, marking the end of 12-year allegations of asset stripping and disclosure lapses. A special Sessions Court in Greater Mumbai granted closure, confirming the payment and lifting restrictions on the company and its directors, giving a clean chit after an extensive probe.